The BPC Report: 1Q2024
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Sales:
• Units sold in BPC increased 84% YoY.
• Two-bedrooms showed the strongest growth in units sold, up 125% YoY.
• The average price was $1,586,769 – a 23% increase QoQ and 12% decrease YoY.
Rentals:
• The average rent in BPC was $5,735 – representing a 5% decrease QoQ.
• Total inventory, units rented overall, and price drops all decrease from Q4 2023 at 21%, 34% and 23% respectively.
• One-bedrooms represented a 57% increase in volume YoY and 78% increase QoQ with 130 units rented.
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