CoworkingCafe’s latest quarterly report on the coworking industry leverages proprietary data as of December 2024. In this study, we break down coworking space stock availability across the 25 largest markets, along with their size and distribution, subscription prices and top coworking operators.

Here’s how the coworking market performed in Q4 2024:

• More Inventory: The Atlanta market added three more coworking spaces at the end of Q4 2024 – reaching 240 – the equivalent of a 1% growth Q-o-Q.

• Increase in Square Footage: Atlanta increased its total square footage by 1.79% Q-o-Q surpassing 4.57M sq. ft. by the end of 2024.

• More Average Square Footage: Atlanta favored bigger coworking spaces in Q4. As such, average square footage increased by 1% Q-o-Q, from 18,976 in Q3 to 19,075 in Q4.

• Smaller Pricing: Atlanta saw a decrease of $14 for open workspaces, reaching $125; dedicated desks remained at $279; virtual offices lost a whopping $60, now priced at$119.

• Q4 2024 vs. Q4 2023: The Atlanta coworking market saw a 14% increase, from 210 to 240 spaces in a year. The market also increased its total coworking square footage by 4.7%, from 4.37M to over 4.57M sq. ft. Average square footage dropped by 8% by the end of 2024.

The coworking market is evolving rapidly as hybrid and remote work continue to change the traditional office landscape. And, with businesses and professionals increasingly seeking flexible and adaptable workspace solutions, the industry is positioned for sustained growth and innovation.

To explore these changes, we leveraged proprietary data from Q4 2024 and compared it to Q3 of the same year. This provides a detailed analysis of coworking trends in the 25 largest U.S. markets by using key metrics such as the total number of coworking spaces, square footage, growth rates and market leaders. For a better comparison to the previous quarter, see the Q3 report.

You can read the full industry report here: www.coworkingcafe.com