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Seattle Market Well Into RecoveryRents in the Puget Sound area rose to $2,046 in September, a 2.0% uptick on a T3 basis and 40 basis points above the national rate. Nearly $2 billion in multifamily deals closed during the first three quarters of the year, and 26,470 apartments were underway as of September.
Rents in the Puget Sound area rose to $2,046 in September, a 2.0% uptick on a T3 basis and 40 basis points above the national rate. Nearly $2 billion in multifamily deals closed during the first three quarters of the year, and 26,470 apartments were underway as of September.
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