The FIDI Report: 3Q2023
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Sales:
• The average price was $1,373,685 in Q3 – a 44% decrease QoQ and a 20% decrease YoY.
• 3BR+ units saw the biggest drop in average price point – a 40% decrease YoY.
• Overall units sold decreased over 50% YoY.
Rentals:
• The average 3BRs+ rent landed at $25,060 – up 84% YoY.
• The average price per square foot increased 25% QoQ and 35% YoY.
• The number of units rented decreased 85% YoY from 475 to 166.
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