1st qtr 2016 florida metro market summary

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CRITERIA: OVER 100 UNITS & GREATER THAN $1.0 MILLION SOURCE: REAL CAPITAL ANALYTICS & COSTAR PROPERTY First Quarter 2016 APARTMENT PRICING TRENDS FLORIDA’S MOST ACTIVE METRO MARKETS Tampa Orlando Jacksonville Broward Palm Beach Miami Dade Gregory J. Vella 321-277-8226 [email protected] Sco R. Tew, MAI 407-493-6426 [email protected] MARKET INSIGHTS FLORIDA’S TOP METRO’S CONTINUED TO BE VERY ACTIVE WITH OVERALL PRICING MODERATING TO HOLDING STEADY SOUTH FLORIDA MARKETS CONTINUE TO LEAD THE WAY IN AVERAGE PRICE PER UNIT, AND AVERAGE PRICE PER DEAL ORLANDO MARKET CONTINUES ITS TREND OF GENERATING CLASS A PRICING OF OVER $200,000/UNIT

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Page 1: 1st Qtr  2016 Florida Metro Market Summary

CRITERIA: OVER 100 UNITS & GREATER THAN $1.0 MILLION

SOURCE: REAL CAPITAL ANALYTICS & COSTAR PROPERTY

First Quarter 2016

APARTMENT PRICING TRENDS FLORIDA’S MOST ACTIVE METRO MARKETS Tampa Orlando Jacksonville Broward Palm Beach Miami Dade Gregory J. Vella

321-277-8226 [email protected] Scott R. Tew, MAI

407-493-6426 [email protected]

MARKET INSIGHTS FLORIDA’S TOP METRO’S CONTINUED TO BE VERY ACTIVE WITH OVERALL PRICING MODERATING TO HOLDING STEADY

SOUTH FLORIDA MARKETS CONTINUE TO LEAD THE WAY IN AVERAGE PRICE PER UNIT, AND AVERAGE PRICE PER DEAL

ORLANDO MARKET CONTINUES ITS TREND OF GENERATING CLASS A PRICING OF OVER $200,000/UNIT