Inland Empire multifamily market reports
Q3 2024
177,690
Inventory (units)
Multifamily inventory totaled 177,690 units for Q3 2024, spread across 1,137 buildings. Inventory continues to grow in the Inland Empire, as multifamily development activity has surged over the last several years following the pandemic.
5.7%
Vacancy Rate
The total vacancy rate for Inland Empire multifamily decreased by 60 basis points, from 6.3% in Q1 2024 to 5.7% at the end of Q3 2024.
$102m
Sales volume
Sales volume (by dollars) slightly decreased in Q3, with a total volume of $102.7 million. This is nearly a $75 million increase from the first quarter of 2024. The decrease in volume for the third quarter of 2024 is largely due to the sale of Bell Murrieta Springs for $146.5 million in Q2, one of the largest Inland Empire apartment sales in recent years.
Your source for the latest Inland Empire industrial real estate reports
Your source for the latest Inland Empire industrial real estate reports
Stay on top of current trends affecting the industrial real estate sector in Inland Empire. Gain an overall better understanding of Inland Empire's industrial real estate market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in industrial real estate in Inland Empire.
Here, you’ll always find the latest industrial real estate market news so you can stay ahead. Come back often to see expert insights on the current and future of Inland Empire industrial real estate market.
Stay on top of current trends affecting the industrial real estate sector in Inland Empire. Gain an overall better understanding of Inland Empire's industrial real estate market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in industrial real estate in Inland Empire.
Here, you’ll always find the latest industrial real estate market news so you can stay ahead. Come back often to see expert insights on the current and future of Inland Empire industrial real estate market.