Buying, selling and operating apartments in Portland
Portland Apartment Market – 2015-2020 Annual Report
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To download the individual sales report, right-click the link below and “Save As”:
<<<PortlandAptHistory_2015-2020_15Mar21>>>
Highlights / Contents of the report include (for the 4 county METRO are) for sold apartments:
- General Market Comments
- New Construction Update
- Sales by County
- Sales by Neighborhood
- Sales by Unit Count of project
- Sales by Decade Built
- Tabulation of Largest Sales by $/unit, $/SqFt. Gross $, County and 2012-2017 Largest sales.
If you’d like more information on:
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be very 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.
– Details/background on individual sales in the report or a breakdown by neighborhood
– Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis
Steve Morris | Principal Broker
SMI Commercial Real Estate
Phone: 503.970.4593
steve@smicre.com | www.smicre.com
OR License # 200202054 | WA License # 24512
Portland Apartment Sales – Feb 20
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Feb20vsFeb19_AptSales>>>
Highlights:
Gross $ Feb20 YTD = $283M is a -10.6% DECREASE from Feb 19 YTD = $317M
$/unit Feb 20 YTD = $196.5K is a 5.8% INCREASE over Feb 19 YTD = $185.8K.
$/SqFt Feb 20 YTD = $227.80 is a 4.6% DECREASE over Feb 19 YTD = $215.90
The 2014-2019 Portland Apartment Market History is available on the WEBsite at:
https://portlandapartmentsales.com/2020/03/12/portland-apartment-market-2014-2019-annual-report/
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.
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
Portland Apartment Market – 2014-2019 Annual Report
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To download the individual sales report, right-click the link below and “Save As”:
<<<PortlandAptHistory_2014-2019_12Mar20>>>
Highlights / Contents of the report include (for the 4 county METRO are) for sold apartments:
- General Market Comments
- New Construction Update
- Sales by County
- Sales by Neighborhood
- Sales by Unit Count of project
- Sales by Decade Built
- Tabulation of Largest Sales by $/unit, $/SqFt. Gross $, County and 2012-2017 Largest sales.
If you’d like more information on:
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be very 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.
– Details/background on individual sales in the report or a breakdown by neighborhood
– Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis
Steve Morris | Principal Broker
SMI Commercial Real Estate
Phone: 503.970.4593
steve@smicre.com | www.smicre.com
OR License # 200202054 | WA License # 24512
Portland Apartment Sales – Jan 20
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Jan20vsJan19_AptSales>>>
Highlights:
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:
https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/
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
Portland Apartment Sales – Dec 19
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Dec19vsDec18_AptSales>>>
Highlights:
Gross $ Dec 19 YTD = $2281M is a 9.8% DECREASE from Dec 18 YTD = $2529M
$/unit Dec 19 YTD = $183K is a 3.3% DECREASE over Dec 18 YTD = $190K.
$/SqFt Dec 19 YTD = $207.92 is a 7.0% DECREASE over Dec 18 YTD = $223.46
We should have a 2014-2019 Portland Apartment Market History available by late-February.
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:
https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/
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
Portland Apartment Sales – Nov 19
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Nov19vsNov18_AptSales>>>
Highlights:
Gross $ Nov 19 YTD = $2020M is a 10.0% DECREASE from Nov 18 YTD = $2245M
$/unit Nov 19 YTD = $184K is a 3.0% DECREASE over Nov 18 YTD = $190K.
$/SqFt Nov 19 YTD = $208.76 is a 7.8% DECREASE over Nov 18 YTD = $226.48
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.
We should have a 2014-2019 Portland Apartment Market History available by late-February.
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/
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
Portland Apartment Sales – Aug 19
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Aug19vsAug18_AptSales>>>
Highlights:
- Gross sales dollars August 19 YTD = $1671M is a 23% INCREASE over August 18 YTD = $1360M
- $/unit August 19 YTD = $181K is a 4.3% DECREASE over August 18 YTD = $190K.
- $/SqFt August 19 YTD = $207.68 is a 6.1% DECREASE over August 18 YTD = $221.16
- CapRate August 19 YTD = 5.45% is a 2.7% INCREASE over August 18 YTD = 5.31%
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/
– 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
Portland Apartment Sales – May 19
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_May19vsMay18_AptSales>>>
Highlights:
- Gross sales dollars May 19 YTD = $653.7M is a 13.6% INCREASE over May 18 YTD = $575M
- $/unit May 19 YTD = $177K is a 0.3% DECREASE over May 18 YTD = $177K.
- $/SqFt May 19 YTD = $203.91 is a 17.6% DECREASE over May 18 YTD = $220.69
- CapRate May 19 YTD = 5.47% is a 13.6% INCREASE over May 18 YTD = 5.24%
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/
– 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
Portland Apartment Sales – Sept 18
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Sept18vsSept17_AptSales>>>
Highlights:
- Gross sales dollars Sept 18 YTD = $1527M is a 44% INCREASE over Sept 17 YTD = $1060M
- $/unit Sept 18 YTD = $190K is a 11% INCREASE over Sept 17 YTD = $171K.
- $/SqFt Sept 18 YTD = $222.34 is a 14% INCREASE over Sept 17 YTD = $195.55
We had a stronger month vs. Sept 17 due to several large sales. Including all sales, we are at a run rate of $2.1B in annual sales rate (vs. $1.7B for 2017 and $2.95B for 2016). Interest rates and strength of the rental market in Portland (especially for new construction) are the biggest threats.
If you’d like more information on:
– 2012-2017 Portland Apt Market history. Is posted at
https://portlandapartmentsales.com/2018/03/22/portland-apt-market-2017-annual-report/
If you like numbers, you’ll find this recap of the market for the past 5 years of interest. You can eMail me for a copy also.
– 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.
– Details/background on individual sales in the report or a breakdown by neighborhood
– Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis
Please contact me:
Steve Morris | Vice-President
IMG Northwest
1234 SW 18th, Suite 102
Portland, OR 97205
Phone: 503.970.4593
steve@imgnorthwest.com | www.imgnorthwest.com
OR License # 200202054 | WA License # 24512
For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here.
Portland Apartment Sales – April 18
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To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Apr18vApr17_AptSales>>>
Highlights:
- Gross sales dollars April 18 YTD = $550M is a 33% INCREASE over April 17 YTD = $413M
- $/unit April 18 YTD = $175K is a 3% INCREASE over April 17 YTD = $169K.
- $/SqFt April 18 YTD = $226.95 is a 23% INCREASE over April 17 YTD = $185.29
We had a weak month vs. April 17. At $40M gross sales we are at $1.5B in annual sales rate (vs. $1.7B for 2017 and $2.95B for 2016). Interest rates and strength of the rental market in Portland (especially for new construction) are the biggest threats.
If you’d like more information on:
– 2012-2017 Portland Apt Market history. Is posted at https://portlandapartmentsales.com/2018/03/22/portland-apt-market-2017-annual-report/
If you like numbers, you’ll find this recap of the market for the past 5 years of interest. You can eMail me for an early copy
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be very 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.
– Details/background on individual sales in the report or a breakdown by neighborhood
– Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis
Please contact me:
Steve Morris | Vice-President
IMG Northwest
1234 SW 18th, Suite 102
Portland, OR 97205
Phone: 503.970.4593
steve@imgnorthwest.com | www.imgnorthwest.com
OR License # 200202054 | WA License # 24512
For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here.
Steve Morris - VP with IMG Northwest
Portland Apartment SalesCategories
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Buying, selling and operating apartments in Portland 