Matrix Multifamily San Francisco Report-November 2022 December 01, 2022

Strong Fundamentals in San Francisco

Rent growth slowed down but stayed solid at 0.3 percent on a T3 basis through September, pushing the average rent to $2,854, one of the highest in the nation. Investment sales reached $2.1 billion this year through the first three quarters, up almost a quarter over the same interval in 2021.