The FIDI Report: 1Q2023
• The average price is now at $1,211,226 – down 41% from Q4 2022, and down 23% YoY.
• The overall units sold are up 49% QoQ but down 33% YoY.
• One-bedrooms continue to dominate the market with a 156% increase in units sold QoQ.
• The average rent continues to hover at just below $4,500 – on par with both QoQ and YoY.
• Units rented showed increases of 30% QoQ and 53% YoY.
• Three bedrooms regained footing in the number of units rented and increased 100% YoY.