Asking prices across CRE sectors ticked up in March for those properties listed on Crexi's database, with the average asking price per square foot rising 2.72% month-over-month.

Cap rates compressed by 0.14% over the same period across asset classes, while occupancy rates picked up a 1% gain.  New inventory also increased by 19.7% in March over February numbers, while office and retail assets showed "promising gains" in prices and tenant occupancy.

"Among the asset types most heavily impacted by the pandemic, office and retail saw promising signs of prosperity in March," Crexi analysts wrote in a report dissecting the March data. Office assets increased by 6% month-over-month, with occupancy increasing 2% in the same period. And "shopping and other retail subcategories are back in full swing, with owners confident enough in their properties' values to begin listing them on the market," with retail assets posting a 1.9% increase in average asking prices and hitting 90% average occupancy for new listings.