The median number of days to sell commercial/ business/ agricultural/ industrial land held relatively steady at 92 in August versus 111 in the prior month. This is after experiencing an anomalously low 58 in the month of June.
Although considerably longer that the low reached in June, 92 remains in the low end of a recent range, as can be seen clearly in the accompanying chart. This favorable metric is in line with generally favorable trends in area commercial real estate.