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The BPC Report: 3Q2023

The BPC Report: 3Q2023

  • Platinum Properties

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Sales:
 
  • Units sold in BPC showed an increase of 157% QoQ and 8% YoY.

  • Studio apartments showed the strongest growth in average price – up 32% YoY.

  • Overall average prices in BPC were $1,278,798 – an 11% decrease QoQ and 6% decrease YoY.
Rentals:
 
  • The average rent in BPC was $6,296 – representing less than a 2% change both YoY and QoQ.

  • Total inventory, units rented overall, and price drops all increased significantly in Q3.

  • One-bedroom apartments remain the most popular size, representing over 44% of all units rented.

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