The BPC Report: 3Q2023
• 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 was $1,278,798 – an 11% decrease QoQ and 6% decrease YoY.
• 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.