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Sales:
- Units sold in BPC showed an increase of 89% YoY.
- Studios showed the strongest growth in units sold, up 100% QoQ and 400% YoY.
- The average price in BPC was $1,306,691 – a 2% increase QoQ and 12% decrease YoY.
Rentals:
- The average rent in BPC was $6,083 – representing less than a 4% change QoQ and only down 1% YoY
- Total inventory, units rented overall and price drops all decreased from the third quarter at 21%, 34%, and 23%, respectively.
- Two-bedroom units showed the only increase in transactions with a 31% YoY increase from 45 to 70 units total.
