The average sales price per square foot for retail properties in the United States varied between shopping centers and regular shops in 2020. Regular shops were more expensive, averaging at 294 U.S. dollars per square foot. In comparison, shopping centers didn't amount to half of this number, averaging at 127 U.S. dollars.
In the second quarter of 2020, retail vacancy rates in the United States rose drastically from nine percent to 20 percent, a change that can be explained by the effects of the COVID-19 pandemic.
Average sales price of retail real estate in the United States in 4th quarter 2020, by property type
(in U.S. dollars per square foot)
Characteristic
Average sales price in U.S. dollars per square foot
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National Association of Realtors. (January 26, 2021). Average sales price of retail real estate in the United States in 4th quarter 2020, by property type (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/
National Association of Realtors. "Average sales price of retail real estate in the United States in 4th quarter 2020, by property type (in U.S. dollars per square foot)." Chart. January 26, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/
National Association of Realtors. (2021). Average sales price of retail real estate in the United States in 4th quarter 2020, by property type (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/
National Association of Realtors. "Average Sales Price of Retail Real Estate in The United States in 4th Quarter 2020, by Property Type (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 26 Jan 2021, https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/
National Association of Realtors, Average sales price of retail real estate in the United States in 4th quarter 2020, by property type (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/ (last visited November 21, 2024)
Average sales price of retail real estate in the United States in 4th quarter 2020, by property type (in U.S. dollars per square foot) [Graph], National Association of Realtors, January 26, 2021. [Online]. Available: https://www.statista.com/statistics/1200016/average-sales-price-retail-properties-united-states/
