• Skip to primary navigation
  • Skip to main content
       480-612-0384        nick@nickminer.com                     

Nick Miner, CCIM

  • Home
  • News/Blog
  • Properties
    • Listings
    • Recent Transactions
  • Market Reports
  • About
  • Contact
  • Consulting

Retail Property Sale Prices – Sale Trends

December 13, 2012 by Nick Miner, CCIM   No comments   Filed Under: Commentary, Research

Commercial Real Estate
Phoenix, AZ Market Trends

Currently, the median sale price per square foot for retail properties in the metro area is in seven-month decline, falling 4.1% in that time. Previously, sale prices rose 22.4% over a eight-month period ending in March. Sale prices per square foot for retail properties decreased to $101.04, a decline of 1.5% compared with the last quarter. However, sale prices have seen a 17.1% increase for the previous 12 months. The highest median sale price during the past three years was $193.96, set in October 2009. In comparison, the current median sale price is down by 47.9%. However, the current price is 17.4% above the three-year-low of $86.09 set in August 2011. Source - LoopNet

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

FOLLOW NICK ON TWITTER

  • Commercial Real Estate & Business News – January 15, 2021 #Phoenix #AZ #CRE #news 1-15-2021 https://t.co/WDabK2wo0n via @nickminer 07:21:52 AM January 15, 2021
  • Commercial Real Estate & Business News – January 14, 2021 #Phoenix #AZ #CRE #news 1-14-2021 https://t.co/BJSDwVSyJp via @nickminer 08:37:05 AM January 14, 2021
@nickminer

Site Library

SITE CATEGORIES