Sep 10, 2020 - 0 Comments - Analysis, Trends -

Miami Commercial Real Estate Sales to List Price Ratio Recovers from July’s Slight Dip ~ August 2020 MLS

Miami Association of Realtors 10 Years Ending August 2020 Sales to List Price Ratio for Commercial/Industrial Property Type Classification within Miami-Dade County and Price from $1 Million to $10 Million

After dipping a touch, just enough to make some market players wonder what it might mean, the sales to list price ratio as reported by the Miami MLS, rebounded right back to around 92%, very much in line with where is has generally been for the past few years. This ratio has held up well since coronavirus emerged. That this measure continues to stay steady overall, almost as-if-nothing, would seem to bode well for commercial property prices, but of course is negative news for any buyer hoping to take advantage of stress created opportunities.