The chart in this post displays the sales price to list price ratio as reported by the Miami MLS for improved commercial real estate (MLS classification: commercial/industrial) within Miami-Dade county in Florida for such properties priced from $1 million to $10 million that closed from January 2011 to May 2021. This ratio moved up a touch to 94.6% versus the prior month, in the upper end of a 5-7% band over prior years.