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Sales:
- There were declines in the average prices for studios, one-bedrooms and 3BR+ units, while two-bedroom units had marked increases in pricing.
- The average price for a one-bedroom was $829,083, down 9.76% for the quarter and down 11.17% YoY.
- The average price for a two-bedroom was $1,802,000, up 19.47% for the quarter and up 10.38% YoY.
Rentals:
- The average rent was $6,486. The total inventory for Q1 was 274 units, with 163 units rented, matching the units rented for Q4 of 2024.
- The average rent for a one-bedroom was $4,988, and the average rent for a 3BR+ was $16,399.
- Two-bedroom units rented were up 17.95% QoQ, but still down 40.26% YoY.
