Atlanta Ranks 2nd Among Hottest US Markets for Multifamily Properties of the Last Decade
Thursday, February 18th, 2021
The latest CommercialSearch study compared and ranked the most active U.S. metros in terms of multifamily sales since 2009.
Here are some highlights:
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Atlanta is the second hottest U.S. market for multifamily sales over the last decade. Since 2009, Atlanta registered more than $50B in multifamily sales.
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In terms of transactions, 2,134 deals were completed across the metro since 2009, second only to Dallas-Fort Worth. 553,378 units in Atlanta traded hands during this period.
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In 2020 alone, Atlanta closed 132 deals, claiming the 2nd spot. The market had only 14 deals less than DFW, which took #1.
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For comparison, nationally, the average rent saw a 37% increase to $1,462 and the median home sale price was up roughly 58% since 2009 to $313,200.
Read the full article here, along with the methodology: https://www.commercialsearch.
