Gross $ Jan 20 YTD = $164M is a 124.2% INCREASE from Jan 19 YTD = $73M
$/unit Jan 20 YTD = $203K is a 11.0% INCREASE over Jan 19 YTD = $183K.
$/SqFt Jan 20 YTD = $218.28 is a 4.6% DECREASE over Jan 19 YTD = $228.84
* There was ONE large sale that accounted for 60% of total gross sales that did skew numbers.
We should have a 2014-2019 Portland Apartment Market History available by mid-March.
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Leave a Reply