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Sales:
- Studios layouts saw the only gains, up 34.3% in average price QoQ, but there was low studio inventory, so we can not identify any long-term trend lines.
- One-bedrooms were at an average price of $808,212 down 4.2% QoQ and Two-bedroom layouts averaged at $1,441,000, declining 6.65% QoQ.
- Three-bedroom (+) units experienced a 10.46% drop in average price for the quarter, down 18% for the year.
Rentals:
- Studios averaged $4,524 (down 0.79% QoQ, up 11.43% YoY), while one-bedrooms averaged for $5,095 (down 7.19% QoQ and up 2.15% YoY).
- Two-bedroom units averaged $9,179 and were the only units that experienced a quarterly increase, with average prices up 9.04% QoQ and advancing 11.78% YoY.
- Three-bedroom (+) units averaged $15,822, down 8.27% QoQ, declining 3.52% YoY.
