Commercial Market Update – Adelaide Cityscope February 2021
The latest research from Adelaide Cityscope shows that commercial property sales in Adelaide have decreased significantly in terms of sales value for the quarter ending January 2021. The latest quarter shows total sales value of $81.4 million from 18 sales, compared to the $309.6 million from 11 sales in the quarter ending October 2020 but an increase from the $13.1 million from 8 sales in the quarter ending July 2020.
The year to January 2021 shows total sales of $554.9 million from 59 sales, a decrease from the previous year, which had $1.162 billion from 82 sales.
The table below shows sales recorded for the past eight updates of Adelaide Cityscope.
Notable sales in the January 2021…