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Sales:
• While one-bedroom units were down in transaction volume, the average price rose 18%, landing at $780, 231.
• 3BRs+ saw increases in units sold, 25% quarter-over-quarter and 67% year-over-year.
• The average price per square foot fell below $1,200.
Rentals:
• The average rent ($5,941) represents an 8% increase QoQ and 26% YoY.
• Larger apartments (3BRs+) saw an increase in average rent of 94% YoY.
• Units rented were up 74% QoQ for a total of 198.
