apartment pricing trends

TOTAL SALES VOLUMES

ORLANDO: $1.58 Billion

TAMPA: $1.16 Billion BROWARD: $883 Million

PALM BEACH: $829 Million MIAMI DADE: $514 Million

JACKSONVILLE: $416 Million

TRANSACTIONS

ORLANDO: 49

TAMPA: 46 BROWARD: 20

PALM BEACH: 20 JACKSONVILLE: 18 MIAMI-DADE: 11

AVERAGE PRICE/UNIT

BROWARD: $180,257

MIAMI DADE: $175,774 PALM BEACH: $139,960

ORLANDO: $115,108 TAMPA: $99,588

JACKSONVILLE: $81,976

HIGHEST PRICE/UNIT

BROWARD: $389,754

MIAMI DADE: $298,571 PALM BEACH: $244,373

ORLANDO: $214,516 TAMPA: $204,717

JACKSONVILLE: $206,870

OVER $200,000/UNIT

BROWARD: 6

ORLANDO: 4 MIAMI-DADE: 4 PALM BEACH: 3

TAMPA: 1 JACKSONVILLE: 1

UNITS SOLD

ORLANDO: 13,761

TAMPA: 11,648 PALM BEACH: 5,926 JACKSONVILLE: 5,071

BROWARD: 4,903 MIAMI-DADE: 2,923

AVERAGE PRICE PER DEAL

MIAMI DADE: $46.7 Million

BROWARD: $44.2 Million PALM BEACH: $41.8 Million

ORLANDO: $32.3 Million TAMPA: $25.2 Million

JACKSONVILLE: $23.1 Million

CRITERIA: OVER 100 UNITS & GREATER THAN $1.0 MILLION

SOURCE: REAL CAPITAL ANALYTICS & COSTAR PROPERTY

PRICING TRENDS RANKING FLORIDA’S

MOST ACTIVE METRO MARKETS

CAPSTONE VALUATION ADVISORS | MULTI-HOUSING VALUATION GROUP

MARKET FACT: EVERY MAJOR MARKET ACHIEVED PRICING OF OVER $200,000 PER UNIT

AUGUST 2015