Sep 01, 2015 - 0 Comments - Analysis -

Commercial Land Closing to List Price Ratio Drops Slightly in July

MLS Closing Price to List Price Commercial Land in Miami-Dade January 2010 to July 2015

MLS Closing Price to List Price Commercial Land in Miami-Dade January 2010 to July 2015

The MLS closing price to list price ratio for commercial land in Miami-Dade County dropped a bit to 88.8% in July versus 93.5% in June.  This remains, however, in the upper part of a range for the prior 3 years or so of 82% or so to about 93%.