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A modern kitchen featuring wooden cabinets and sleek stainless steel appliances.

The BPC Report: 4Q2024

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Sales:
 
  • Studio prices increased slightly, averaging $652,460 per unit.

  • Two-bedrooms showed a 10% decline YoY, averaging $1,508,335 per unit.

  • 3BR+ units ended the year strong with a 27% increase YoY, averaging $3,908,571 per unit.
Rentals:
 
  • The studio market saw a 3% increase YoY, with an average rent of $4,007.

  • One-bedrooms saw a 12% decrease QoQ, averaging $4,776 per unit.

  • 3BR+ units averaged $14,475 per month, a 20% increase YoY.

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