# IntellCRE Market Reports

> Free commercial real estate (CRE) market intelligence for the top 50 U.S. metros. Each report combines public federal data (U.S. Census ACS 1-Year, BLS QCEW) with IntellCRE's proprietary reporting database (multifamily cap rates, cap rates by property type, rent growth, asking rents, sale transactions, and recent sale comps), aggregated to the metro (CBSA) level.

- Publisher: IntellCRE (https://intellcre.com) — AI-powered CRE underwriting & marketing.
- Data updated: 2026-08-01 · reference period 2026-Q3.
- Methodology: federal metrics from Census ACS 1-Year and BLS QCEW; CRE metrics from the IntellCRE reporting DB, ZIP→CBSA crosswalk via HUD Fair Market Rents. Cap rates and sale comps reflect closed transactions; full transaction-level comps are available at https://intellcre.com/demo/.
- Full data file: https://markets.intellcre.com/markets-data.json (JSON) · facts: https://markets.intellcre.com/llms-full.txt

## New York, NY — CRE Market Report
URL: https://markets.intellcre.com/new-york-ny/
CBSA: 35620 · reference 2026-Q3
Population: 19,940,274 (YoY +2.3%)
Median household income: $99,852
Unemployment: 5.7%
Employment: 10,006,187
Cap rates (median): Multifamily 6.0%; Office 6.1%; Retail 6.0%; Industrial 5.7%
Multifamily rent growth (YoY): +3.7%
Asking rent: studio $2,030; 1br $2,330; 2br $2,586; 3br $3,250; 4br $3,591
Sales activity (trailing 12mo): 56 transactions, $171M volume, median $51,923/unit
Recent sale comps:
  - 2026-06-28 — 3716 3rd Ave, Bronx, NY 10456 — Multifamily — 40 units — $1,700,000 — $42,500/unit
  - 2026-06-15 — 2256 Walton Ave, Bronx, NY 10453 — Multifamily — 43 units — $2,500,000 — $58,140/unit
  - 2026-06-07 — 2363 Prospect Ave, Bronx, NY 10458 — Multifamily — 26 units — $1,350,000 — $51,923/unit — cap 10.6%
  - 2026-05-25 — 2467 Valentine Ave, Bronx, NY 10458 — Multifamily — 21 units — $1,290,000 — $61,429/unit
  - 2026-05-20 — 1060 Findlay Ave, Bronx, NY 10456 — Multifamily — 27 units — $596,159 — $22,080/unit — cap 21.0%

## Los Angeles, CA — CRE Market Report
URL: https://markets.intellcre.com/los-angeles-ca/
CBSA: 31080 · reference 2026-Q3
Population: 12,927,614 (YoY +1.0%)
Median household income: $96,405
Unemployment: 5.7%
Employment: 6,599,415
Cap rates (median): Multifamily 4.5%; Office 5.4%; Retail 5.0%; Industrial 4.9%
Multifamily rent growth (YoY): +4.0%
Asking rent: studio $1,880; 1br $2,110; 2br $2,655; 3br $3,380; 4br $3,750
Sales activity (trailing 12mo): 548 transactions, $3.4B volume, median $272,679/unit
Recent sale comps:
  - 2026-07-17 — 6732 Irvine Ave, North Hollywood, CA 91606 — Multifamily — 4 units — $2,200,000 — $550,000/unit — cap 5.6%
  - 2026-07-01 — 901 Ocean Ave, Santa Monica, CA 90403 — Multifamily — 28 units — $26,000,000 — $928,571/unit
  - 2026-07-01 — 1519 Armacost Ave, Los Angeles, CA 90025 — Multifamily — 11 units — $2,645,000 — $240,455/unit — cap 6.0%
  - 2026-07-01 — 2008 Strongs Dr, Venice, CA 90291 — Multifamily — 7 units — $3,200,000 — $457,143/unit — cap 5.9%
  - 2026-06-18 — 17 Sunset Ave, Venice, CA 90291 — Multifamily — 4 units — $3,300,000 — $825,000/unit

## Chicago, IL — CRE Market Report
URL: https://markets.intellcre.com/chicago-il/
CBSA: 16980 · reference 2026-Q3
Population: 9,406,924 (YoY +1.6%)
Median household income: $90,770
Unemployment: 5.5%
Employment: 4,840,603
Cap rates (median): Multifamily 7.6%; Office 8.0%; Retail 7.0%; Industrial 7.7%
Multifamily rent growth (YoY): +5.3%
Asking rent: studio $1,458; 1br $1,560; 2br $1,761; 3br $2,262; 4br $2,657
Sales activity (trailing 12mo): 49 transactions, $421M volume, median $208,333/unit
Recent sale comps:
  - 2026-06-22 — 3017 W George St, Chicago, IL 60618 — Multifamily — 13 units — $3,250,000 — $250,000/unit
  - 2026-06-02 — 2602 N St Louis Ave, Chicago, IL 60647 — Multifamily — 12 units — $2,400,000 — $200,000/unit
  - 2026-05-01 — 2955 N Spaulding Ave, Chicago, IL 60618 — Multifamily — 6 units — $1,475,000 — $245,833/unit
  - 2026-04-26 — 6233 S Langley Ave, Chicago, IL 60637 — Multifamily — 6 units — $1,250,000 — $208,333/unit
  - 2026-03-31 — 2504 N Willetts Ct, Chicago, IL 60647 — Multifamily — 24 units — $10,500,000 — $437,500/unit

## Dallas–Fort Worth, TX — CRE Market Report
URL: https://markets.intellcre.com/dallas-fort-worth-tx/
CBSA: 19100 · reference 2026-Q3
Population: 8,344,032 (YoY +3.0%)
Median household income: $92,733
Unemployment: 4.5%
Employment: 4,330,631
Cap rates (median): Multifamily 6.7%; Office 6.6%; Retail 6.1%; Industrial 6.5%
Multifamily rent growth (YoY): +1.0%
Asking rent: studio $1,531; 1br $1,606; 2br $1,884; 3br $2,361; 4br $3,033
Sales activity (trailing 12mo): 17 transactions, $52M volume, median $1,700,000/unit
Recent sale comps:
  - 2026-05-07 — 898 NE Alsbury Blvd, Burleson, TX 76028 — Retail — 1 units — $1,700,000 — $1,700,000/unit
  - 2026-03-04 — 320 E Main St, Crowley, TX 76036 — Retail — 2 units — $6,000,000 — $3,000,000/unit — cap 7.7%
  - 2025-12-19 — 1003 Travis Ranch Blvd, Forney, TX 75126 — Retail — $5,342,368 — cap 6.3%
  - 2025-12-18 — 12613 South Fwy, Burleson, TX 76028 — Retail — 1 units — $4,500,000 — $4,500,000/unit — cap 6.5%
  - 2025-12-12 — 425 S Henderson St, Fort Worth, TX 76104 — Retail — $3,350,000

## Houston, TX — CRE Market Report
URL: https://markets.intellcre.com/houston-tx/
CBSA: 26420 · reference 2026-Q3
Population: 7,796,182 (YoY +3.8%)
Median household income: $81,417
Unemployment: 5.6%
Employment: 3,814,506
Cap rates (median): Multifamily 7.2%; Office 7.0%; Retail 6.2%; Industrial 7.0%
Multifamily rent growth (YoY): +2.6%
Asking rent: studio $1,226; 1br $1,279; 2br $1,529; 3br $2,038; 4br $2,568
Sales activity (trailing 12mo): 3 transactions, $61M volume, median $141,208/unit
Recent sale comps:
  - 2026-03-11 — 2424 E TC Jester — Multifamily — 186 units — $34,000,000 — $182,796/unit
  - 2026-02-12 — 4800 Allendale — Multifamily — 264 units — $26,300,000 — $99,621/unit
  - 2025-10-23 — 800 Main St, Liberty, TX 77575 — Retail — $900,000
  - 2025-07-30 — 3133 Buffalo Speedway, Houston, TX 77098 — Multifamily — $34,000,000
  - 2025-07-30 — 23403 Kingsland Blvd, Katy, TX 77450 — Multifamily — $62,356,000

## Atlanta, GA — CRE Market Report
URL: https://markets.intellcre.com/atlanta-ga/
CBSA: 12060 · reference 2026-Q3
Population: 6,409,047 (YoY +1.6%)
Median household income: $92,344
Unemployment: 4.5%
Employment: 3,333,843
Cap rates (median): Multifamily 7.4%; Office 7.1%; Retail 6.5%; Industrial 7.0%
Multifamily rent growth (YoY): +2.2%
Asking rent: studio $1,591; 1br $1,653; 2br $1,830; 3br $2,205; 4br $2,653
Sales activity (trailing 12mo): 21 transactions, $611M volume, median $140,103/unit
Recent sale comps:
  - 2026-02-06 — 415 Fairburn Rd SW, Atlanta, GA 30331 — Multifamily — 208 units — $20,900,000 — $100,481/unit
  - 2026-02-05 — 1113 Powers Ferry Pl, Marietta, GA 30067 — Multifamily — 420 units — $58,250,000 — $138,690/unit
  - 2026-02-05 — 501 N River Pkwy, Atlanta, GA 30350 — Multifamily — 389 units — $54,500,000 — $140,103/unit
  - 2026-01-16 — 3890 Floyd Rd, Austell, GA 30106 — Multifamily — 395 units — $103,500,000 — $262,025/unit — cap 0.1%
  - 2025-12-18 — 5320 Roswell Rd NE, Atlanta, GA 30342 — Multifamily — 120 units — $18,600,000 — $155,000/unit

## Washington, DC — CRE Market Report
URL: https://markets.intellcre.com/washington-dc/
CBSA: 47900 · reference 2026-Q3
Population: 6,437,907 (YoY +2.1%)
Median household income: $126,244
Unemployment: 4.2%
Employment: 3,461,838
Cap rates (median): Multifamily 7.0%; Office 6.8%; Retail 6.3%; Industrial 6.0%
Multifamily rent growth (YoY): +4.0%
Asking rent: studio $2,012; 1br $2,056; 2br $2,314; 3br $2,893; 4br $3,413
Recent sale comps:
  - 2025-07-14 — 8892 Cavesson Wy, Upper Marlboro, MD 20772 — Multifamily — 32 units — $152,000 — $4,750/unit
  - 2025-07-01 — 5701 Georgia Ave, West Palm Beach, FL 33405 — Multifamily — $1,500,000
  - 2025-07-01 — 5701 Georgia Ave NW, Washington, DC 20011 — Multifamily — $1,500,000
  - 2025-06-25 — 1882 Virginia Ave NW, Washington, DC 20037 — Multifamily — 2 units — $1,250,000 — $625,000/unit
  - 2025-06-20 — 7128 Carroll Ave, Takoma Park, MD 20912 — Multifamily — 5 units — $793,927 — $158,785/unit

## Miami–South Florida, FL — CRE Market Report
URL: https://markets.intellcre.com/miami-south-florida-fl/
CBSA: 33100 · reference 2026-Q3
Population: 6,457,988 (YoY +4.4%)
Median household income: $80,625
Unemployment: 4.5%
Employment: 3,298,237
Cap rates (median): Multifamily 6.8%; Office 6.3%; Retail 5.6%; Industrial 5.7%
Multifamily rent growth (YoY): +1.9%
Asking rent: studio $1,768; 1br $1,929; 2br $2,388; 3br $3,297; 4br $3,890
Sales activity (trailing 12mo): 55 transactions, $891M volume, median $307,692/unit
Recent sale comps:
  - 2026-06-25 — 2217 NW 19th St, Fort Lauderdale, FL 33311 — Land — $1,100,000
  - 2026-06-23 — 707 SE 18th St # 1-2, Fort Lauderdale, FL 33316 — Multifamily — $490,000
  - 2026-05-22 — SE 18th St, Fort Lauderdale, FL 33316 — Multifamily — $2,180,000
  - 2026-05-22 — 802 SE 17th St, Fort Lauderdale, FL 33316 — Multifamily — $2,180,000
  - 2026-05-14 — 2303 N Andrews Ave, Fort Lauderdale, FL 33311 — Industrial — $1,125,000

## Philadelphia, PA — CRE Market Report
URL: https://markets.intellcre.com/philadelphia-pa/
CBSA: 37980 · reference 2026-Q3
Population: 6,330,422 (YoY +1.4%)
Median household income: $90,850
Unemployment: 4.8%
Employment: 3,242,236
Cap rates (median): Multifamily 7.2%; Office 7.2%; Retail 6.5%; Industrial 7.0%
Multifamily rent growth (YoY): +4.0%
Asking rent: studio $1,400; 1br $1,540; 2br $1,850; 3br $2,240; 4br $2,540
Sales activity (trailing 12mo): 1 transactions, $570,000 volume, median $190,000/unit
Recent sale comps:
  - 2025-11-17 — 209 Morgan St, Phoenixville, PA 19460 — Multifamily — 3 units — $570,000 — $190,000/unit
  - 2025-07-02 — 362 1st Ave, Phoenixville, PA 19460 — Multifamily — 2 units — $460,000 — $230,000/unit
  - 2025-07-02 — 19 E Eagle Rd, Havertown, PA 19083 — Retail — 1 units — $900,000 — $900,000/unit
  - 2025-04-07 — 317 Main St, Harleysville, PA 19438 — Multifamily — 7 units — $921,185 — $131,598/unit
  - 2025-04-01 — 625 Race St, Bristol, PA 19007 — Multifamily — 1 units — $140,000 — $140,000/unit

## Phoenix, AZ — CRE Market Report
URL: https://markets.intellcre.com/phoenix-az/
CBSA: 38060 · reference 2026-Q3
Population: 5,186,958 (YoY +2.3%)
Median household income: $90,133
Unemployment: 4.2%
Employment: 2,598,964
Cap rates (median): Multifamily 6.9%; Office 6.5%; Retail 6.0%; Industrial 6.3%
Multifamily rent growth (YoY): +0.7%
Asking rent: studio $1,540; 1br $1,690; 2br $1,960; 3br $2,640; 4br $2,950
Sales activity (trailing 12mo): 10 transactions, $77M volume, median $300,000/unit
Recent sale comps:
  - 2026-04-01 — 3622 N 38th St, Phoenix, AZ 85018 — Multifamily — 24 units — $12,100,000 — $504,167/unit
  - 2026-03-01 — 3109 N 39th St, Phoenix, AZ 85018 — Multifamily — 15 units — $7,150,000 — $476,667/unit
  - 2026-02-01 — 13025 W Thomas Rd, Avondale, AZ 85392 — Multifamily — 70 units — $30,100,000 — $430,000/unit
  - 2026-01-01 — 1401 N Granite Reef Rd, Scottsdale, AZ 85257 — Multifamily — 20 units — $10,275,000 — $513,750/unit
  - 2025-12-30 — 3111 E Clarendon Ave, Phoenix, AZ 85016 — Multifamily — 10 units — $3,000,000 — $300,000/unit

## Boston, MA — CRE Market Report
URL: https://markets.intellcre.com/boston-ma/
CBSA: 14460 · reference 2026-Q3
Population: 5,025,517 (YoY +2.2%)
Median household income: $117,825
Unemployment: 3.9%
Employment: 2,783,693
Multifamily rent growth (YoY): +3.3%
Asking rent: studio $2,163; 1br $2,288; 2br $2,711; 3br $3,266; 4br $3,594
Sales activity (trailing 12mo): 25 transactions, $105M volume, median $274,167/unit
Recent sale comps:
  - 2026-03-25 — 15 Perry Way, Newburyport, MA 01950 — Industrial — $4,800,000
  - 2026-02-19 — 17 Bobcat Way, Sandown, NH 03873 — Industrial — $1,100,000
  - 2026-02-06 — 81 Franklin St, Lynn, MA 01902 — Multifamily — 8 units — $2,015,000 — $251,875/unit
  - 2026-01-30 — 44 Butler St, Lawrence, MA 01841 — Multifamily — 5 units — $1,325,000 — $265,000/unit
  - 2026-01-05 — 603 Silver St, Manchester, NH 03103 — Multifamily — 6 units — $1,120,000 — $186,667/unit

## Inland Empire, CA — CRE Market Report
URL: https://markets.intellcre.com/inland-empire-ca/
CBSA: 40140 · reference 2026-Q3
Population: 4,744,214 (YoY +1.2%)
Median household income: $91,013
Unemployment: 5.7%
Employment: 2,174,489
Cap rates (median): Multifamily 5.9%; Office 6.2%; Retail 5.6%; Industrial 5.9%
Multifamily rent growth (YoY): +3.8%
Asking rent: studio $1,776; 1br $1,852; 2br $2,306; 3br $3,079; 4br $3,745
Sales activity (trailing 12mo): 13 transactions, $300M volume, median $211,250/unit
Recent sale comps:
  - 2026-05-05 — 1420 Chaffee St, Upland, CA 91786 — Multifamily — 186 units — $48,500,000 — $260,753/unit — cap 5.9%
  - 2026-03-16 — 3771 Harvill Ln, Riverside, CA 92503 — Multifamily — 8 units — $1,670,000 — $208,750/unit — cap 6.6%
  - 2026-03-06 — 7979 Minnesota Rd, Corona, CA 92881 — Multifamily — 6 units — $1,230,000 — $205,000/unit — cap 5.6%
  - 2026-03-06 — 9174 Indiana Ave, Riverside, CA 92503 — Multifamily — 184 units — $65,250,000 — $354,620/unit
  - 2026-02-11 — 929 W 7th St, Corona, CA 92882 — Multifamily — 7 units — $1,230,000 — $175,714/unit — cap 8.0%

## San Francisco Bay Area, CA — CRE Market Report
URL: https://markets.intellcre.com/san-francisco-bay-area-ca/
CBSA: 41860 · reference 2026-Q3
Population: 4,648,486 (YoY +1.8%)
Median household income: $135,590
Unemployment: 5.5%
Employment: 2,449,233
Cap rates (median): Multifamily 5.0%; Office 5.6%; Retail 5.3%; Industrial 5.1%
Multifamily rent growth (YoY): +2.8%
Asking rent: studio $2,275; 1br $2,780; 2br $3,318; 3br $4,138; 4br $4,399
Sales activity (trailing 12mo): 29 transactions, $71M volume, median $502,222/unit
Recent sale comps:
  - 2026-07-20 — 2005 Parrott Dr, San Mateo, CA 94402 — Multifamily — 3 units — $2,308,600 — $769,533/unit — cap 3.1%
  - 2026-06-17 — 3720 Esmond Ave, Richmond, CA — Multifamily — 1 units — $570,000 — $570,000/unit
  - 2026-06-12 — 777 Kern St, Richmond, CA 94805 — Multifamily — 1 units — $670,000 — $670,000/unit
  - 2026-06-09 — 773 Ventura St, Richmond, CA 94805 — Multifamily — 1 units — $650,000 — $650,000/unit
  - 2026-03-31 — 1437 Floribunda Ave, Burlingame, CA 94010 — Multifamily — 11 units — $5,900,000 — $536,364/unit — cap 4.9%

## Detroit, MI — CRE Market Report
URL: https://markets.intellcre.com/detroit-mi/
CBSA: 19820 · reference 2026-Q3
Population: 4,400,578 (YoY +1.3%)
Median household income: $76,403
Unemployment: 4.9%
Employment: 2,127,718
Cap rates (median): Multifamily 8.3%; Office 7.9%; Retail 7.3%; Industrial 7.5%
Multifamily rent growth (YoY): +4.4%
Asking rent: studio $991; 1br $1,090; 2br $1,380; 3br $1,690; 4br $1,835
Recent sale comps:
  - 2025-06-26 — 7430 Alaska St, Detroit, MI 48204 — Multifamily — 4 units — $275,000 — $68,750/unit
  - 2025-04-28 — 503 Alger St, Detroit, MI 48202 — Multifamily — 2 units — $480,000 — $240,000/unit
  - 2025-04-11 — 19150 Tireman St, Detroit, MI 48228 — Multifamily — 2 units — $100,000 — $50,000/unit
  - 2025-03-27 — 36891 Green St, New Baltimore, MI 48047 — Multifamily — 4 units — $717,000 — $179,250/unit
  - 2025-03-26 — 11357 Broadstreet Ave , Detroit, MI 48204 — Multifamily — 1 units — $155,000 — $155,000/unit

## Seattle, WA — CRE Market Report
URL: https://markets.intellcre.com/seattle-wa/
CBSA: 42660 · reference 2026-Q3
Population: 4,145,494 (YoY +2.5%)
Median household income: $112,388
Unemployment: 4.7%
Employment: 2,213,685
Cap rates (median): Multifamily 5.7%; Office 6.3%; Retail 5.9%; Industrial 6.0%
Multifamily rent growth (YoY): +2.6%
Asking rent: studio $2,238; 1br $2,293; 2br $2,671; 3br $3,521; 4br $4,104
Sales activity (trailing 12mo): 67 transactions, $780M volume, median $277,778/unit
Recent sale comps:
  - 2026-03-26 — 303 Poppy Rd, Bothell, WA 98012 — Multifamily — 17 units — $3,650,000 — $214,706/unit — cap 6.7%
  - 2026-03-24 — 1214 N 137th St, Seattle, WA 98133 — Multifamily — 12 units — $2,665,000 — $222,083/unit — cap 6.1%
  - 2026-03-13 — 615 Bellevue Ave E, Seattle, WA 98102 — Multifamily — 34 units — $11,500,000 — $338,235/unit — cap 4.3%
  - 2026-03-06 — 409 10th Ave E, Seattle, WA 98102 — Multifamily — 22 units — $4,790,000 — $217,727/unit — cap 6.4%
  - 2026-02-27 — 221 Central Ave N, Kent, WA 98032 — Retail — $1,000,000 — cap 8.5%

## Minneapolis–St. Paul, MN — CRE Market Report
URL: https://markets.intellcre.com/minneapolis-st-paul-mn/
CBSA: 33460 · reference 2026-Q3
Population: 3,757,952 (YoY +1.2%)
Median household income: $97,928
Unemployment: 3.8%
Employment: 2,032,304
Cap rates (median): Multifamily 6.7%; Office 7.5%; Retail 6.5%; Industrial 7.7%
Multifamily rent growth (YoY): +3.1%
Asking rent: studio $1,220; 1br $1,381; 2br $1,685; 3br $2,244; 4br $2,513
Recent sale comps:
  - 2025-03-07 — 693 Wilson Ave, Saint Paul, MN 55106 — Multifamily — 10 units — $519,900 — $51,990/unit
  - 2025-02-13 — 500 Grant St, Minneapolis, MN 55404 — Multifamily — $265,000
  - 2025-01-15 — 5912 Bartlett Blvd, Mound, MN 55364 — Multifamily — $409,900
  - 2024-12-24 — 162 George St, Saint Paul, MN 55107 — Multifamily — 10 units — $515,000 — $51,500/unit — cap 8.2%
  - 2024-12-24 — 647 S Cleveland Ave Unit 9, St Paul, MN 55116 — Multifamily — 11 units — $2,200,000 — $200,000/unit

## San Diego, CA — CRE Market Report
URL: https://markets.intellcre.com/san-diego-ca/
CBSA: 41740 · reference 2026-Q3
Population: 3,298,799 (YoY +0.9%)
Median household income: $109,132
Unemployment: 5.1%
Employment: 1,631,851
Cap rates (median): Multifamily 4.2%; Office 5.8%; Retail 5.0%; Industrial 5.3%
Multifamily rent growth (YoY): +2.5%
Asking rent: studio $2,145; 1br $2,330; 2br $2,881; 3br $3,852; 4br $4,690
Sales activity (trailing 12mo): 1831 transactions, $2.8B volume, median $335,250/unit
Recent sale comps:
  - 2026-04-10 — 201 4th St, Encinitas, CA 92024 — Multifamily — 2 units — $3,825,000 — $1,912,500/unit
  - 2026-04-09 — 3177 Lincoln St, Carlsbad, CA 92008 — Office — $3,910,000 — cap 3.4%
  - 2025-12-31 — 979 Avenida Pico, San Clemente, CA 92672 — Retail — 10 units — $21,000,000 — $2,100,000/unit — cap 5.5%
  - 2025-12-22 — 215 Guajome St, Vista, CA 92083 — Multifamily — 1 units — $505,000 — $505,000/unit
  - 2025-12-16 — 6621 Montezuma Rd, San Diego, CA 92115 — Multifamily — 48 units — $14,750,000 — $307,292/unit

## Tampa Bay, FL — CRE Market Report
URL: https://markets.intellcre.com/tampa-bay-fl/
CBSA: 45300 · reference 2026-Q3
Population: 3,424,560 (YoY +2.4%)
Median household income: $78,275
Unemployment: 4.3%
Employment: 1,698,744
Cap rates (median): Multifamily 7.2%; Office 6.7%; Retail 5.9%; Industrial 6.5%
Multifamily rent growth (YoY): +4.3%
Asking rent: studio $1,575; 1br $1,695; 2br $1,985; 3br $2,545; 4br $3,095
Sales activity (trailing 12mo): 1 transactions, $2M volume, median $212,500/unit
Recent sale comps:
  - 2025-12-31 — 500 Bayview Dr NE, St. Petersburg, FL 33704 — Multifamily — 8 units — $1,700,000 — $212,500/unit
  - 2025-06-23 — 4225 Jason Rd, Spring Hill, FL 34608 — Multifamily — 20 units — $2,450,000 — $122,500/unit
  - 2025-05-22 — 11740 N 17th St, Tampa, FL 33612 — Multifamily — 6 units — $800,000 — $133,333/unit
  - 2025-05-14 — 649 34th St N, St. Petersburg, FL 33713 — Multifamily — $1,000,000
  - 2025-05-14 — 175 1st St S, St. Petersburg, FL 33701 — Multifamily — $425,000

## Denver, CO — CRE Market Report
URL: https://markets.intellcre.com/denver-co/
CBSA: 19740 · reference 2026-Q3
Population: 3,050,512 (YoY +1.5%)
Median household income: $108,046
Unemployment: 4.2%
Employment: 1,724,238
Cap rates (median): Multifamily 6.2%; Office 6.8%; Retail 6.0%; Industrial 6.3%
Multifamily rent growth (YoY): -0.9%
Asking rent: studio $1,639; 1br $1,789; 2br $2,140; 3br $2,794; 4br $3,127
Sales activity (trailing 12mo): 71 transactions, $115M volume, median $147,778/unit
Recent sale comps:
  - 2026-06-01 — 10527 W 6th Pl, Lakewood, CO 80215 — Multifamily — 8 units — $840,000 — $105,000/unit — cap 5.0%
  - 2026-05-26 — 10635 W 7th Ave, Lakewood, CO 80215 — Multifamily — 10 units — $1,950,000 — $195,000/unit — cap 5.9%
  - 2026-05-08 — 10705 W 7th Ave, Lakewood, CO 80215 — Multifamily — 9 units — $1,495,000 — $166,111/unit — cap 7.3%
  - 2026-04-30 — 2328 Emporia St, Aurora, CO 80010 — Multifamily — 16 units — $1,760,000 — $110,000/unit
  - 2026-04-28 — 407 29th St, Denver, CO 80205 — Multifamily — 34 units — $5,980,000 — $175,882/unit — cap 6.4%

## San Antonio, TX — CRE Market Report
URL: https://markets.intellcre.com/san-antonio-tx/
CBSA: 41700 · reference 2026-Q3
Population: 2,763,006 (YoY +2.2%)
Median household income: $78,112
Unemployment: 5.1%
Employment: 1,324,235
Cap rates (median): Multifamily 6.5%; Office 7.1%; Retail 6.3%; Industrial 6.5%
Multifamily rent growth (YoY): +0.0%
Asking rent: studio $1,116; 1br $1,231; 2br $1,501; 3br $1,907; 4br $2,243
Sales activity (trailing 12mo): 1 transactions, $9M volume, median $63,194/unit
Recent sale comps:
  - 2025-09-02 — 326 Whitewood St, San Antonio, TX 78242 — Multifamily — 144 units — $9,100,000 — $63,194/unit
  - 2024-11-25 — 820 Walters, San Antonio, TX 78203 — Multifamily — 1 units — $433,912 — $433,912/unit
  - 2024-11-08 — 611 I St, San Antonio, TX 78220 — Multifamily — 2 units — $149,000 — $74,500/unit
  - 2024-11-04 — 12142 Vista Nogal St, San Antonio, TX 78213 — Multifamily — 2 units — $471,059 — $235,530/unit
  - 2024-10-24 — 1807 W Olmos Dr, San Antonio, TX 78201 — Multifamily — 4 units — $209,223 — $52,306/unit

## Baltimore, MD — CRE Market Report
URL: https://markets.intellcre.com/baltimore-md/
CBSA: 12580 · reference 2026-Q3
Population: 2,859,024 (YoY +0.9%)
Median household income: $98,666
Unemployment: 4.3%
Employment: 1,479,139
Cap rates (median): Multifamily 8.5%; Office 7.9%; Retail 7.2%; Industrial 6.0%
Multifamily rent growth (YoY): +4.0%
Asking rent: studio $1,460; 1br $1,650; 2br $2,020; 3br $2,600; 4br $2,940
Recent sale comps:
  - 2025-07-28 — 222 W Monument St Unit 202, Baltimore, MD 21201 — Multifamily — 10 units — $820,000 — $82,000/unit
  - 2025-07-17 — 30 W Biddle St, Baltimore, MD 21201 — Multifamily — 120 units — $39,000,000 — $325,000/unit
  - 2025-05-27 — 9926 Frederick Rd, Ellicott City, MD 21042 — Multifamily — 1 units — $558,000 — $558,000/unit
  - 2025-05-22 — 3800 Egerton Rd, Baltimore, MD 21215 — Multifamily — 15 units — $800,000 — $53,333/unit
  - 2025-05-22 — 2620-2630 Northern Pkwy, Baltimore, MD 21214 — Multifamily — 15 units — $1,430,000 — $95,333/unit

## St. Louis, MO — CRE Market Report
URL: https://markets.intellcre.com/st-louis-mo/
CBSA: 41180 · reference 2026-Q3
Population: 2,809,527 (YoY +0.5%)
Median household income: $81,679
Unemployment: 3.6%
Employment: 1,441,504
Cap rates (median): Multifamily 8.2%; Office 7.5%; Retail 6.8%; Industrial 7.5%
Multifamily rent growth (YoY): +3.7%
Asking rent: studio $951; 1br $984; 2br $1,215; 3br $1,570; 4br $1,806
Sales activity (trailing 12mo): 6 transactions, $31M volume, median $124,713/unit
Recent sale comps:
  - 2026-06-01 — 24 S Spring Ave, St. Louis, MO 63108 — Multifamily — 48 units — $12,400,000 — $258,333/unit
  - 2026-04-01 — New Florence, MO 63363 — Multifamily — 36 units — $2,650,000 — $73,611/unit
  - 2026-03-01 — 4343 Manchester Ave, St. Louis, MO 63110 — Multifamily — 19 units — $2,212,500 — $116,447/unit
  - 2026-01-01 — 7157 Lyndover Pl, Maplewood, MO 63143 — Multifamily — 16 units — $2,400,000 — $150,000/unit
  - 2025-12-01 — 113 Cole Blvd, St Charles, MO 63301 — Multifamily — 80 units — $5,100,000 — $63,750/unit

## Orlando, FL — CRE Market Report
URL: https://markets.intellcre.com/orlando-fl/
CBSA: 36740 · reference 2026-Q3
Population: 2,940,513 (YoY +4.3%)
Median household income: $81,044
Unemployment: 4.8%
Employment: 1,505,415
Cap rates (median): Multifamily 7.5%; Office 7.2%; Retail 6.0%; Industrial 6.7%
Multifamily rent growth (YoY): +1.4%
Asking rent: studio $1,650; 1br $1,750; 2br $1,980; 3br $2,510; 4br $2,990
Recent sale comps:
  - 2025-05-12 — 12544 Floridays Resort Dr, Orlando, FL 32821 — Multifamily — 1 units — $235,000 — $235,000/unit
  - 2025-03-28 — 518 N Orange Blossom Trl, Orlando, FL 32805 — Multifamily — 5 units — $2,200,000 — $440,000/unit
  - 2025-02-18 — 721 Verona St, Kissimmee, FL 34741 — Multifamily — 1 units — $465,000 — $465,000/unit
  - 2025-02-06 — 23 S Dillingham Ave, Kissimmee, FL 34741 — Multifamily — 1 units — $580,000 — $580,000/unit
  - 2025-02-01 — 2845 Easton St, Orlando, FL 32825 — Multifamily — 294 units — $72,100,000 — $245,238/unit

## Charlotte, NC — CRE Market Report
URL: https://markets.intellcre.com/charlotte-nc/
CBSA: 16740 · reference 2026-Q3
Population: 2,883,370 (YoY +2.8%)
Median household income: $85,938
Unemployment: 3.7%
Employment: 1,528,324
Cap rates (median): Multifamily 7.5%; Office 6.8%; Retail 6.3%; Industrial 6.6%
Multifamily rent growth (YoY): +2.6%
Asking rent: studio $1,586; 1br $1,647; 2br $1,824; 3br $2,250; 4br $2,852
Recent sale comps:
  - 2025-04-24 — 715 N Lee St #717, Salisbury, NC 28144 — Multifamily — 1 units — $195,000 — $195,000/unit
  - 2025-03-26 — 224 S Laurel Ave, Charlotte, NC 28207 — Multifamily — 1 units — $1,800,000 — $1,800,000/unit
  - 2025-02-06 — 5011 South Blvd, Charlotte, NC 28217 — Multifamily — 1 units — $1,300,000 — $1,300,000/unit
  - 2025-01-27 — 5731 South Blvd, Charlotte, NC 28217 — Multifamily — 1 units — $1,400,000 — $1,400,000/unit
  - 2025-01-01 — 605 Jetton St, Davidson, NC 28036 — Multifamily — 162 units — $49,500,000 — $305,556/unit

## Las Vegas, NV — CRE Market Report
URL: https://markets.intellcre.com/las-vegas-nv/
CBSA: 29820 · reference 2026-Q3
Population: 2,398,871 (YoY +2.7%)
Median household income: $80,028
Unemployment: 6.5%
Employment: 1,181,087
Cap rates (median): Multifamily 6.6%; Office 6.6%; Retail 6.0%; Industrial 6.0%
Multifamily rent growth (YoY): +2.5%
Asking rent: studio $1,320; 1br $1,480; 2br $1,750; 3br $2,452; 4br $2,841
Sales activity (trailing 12mo): 6 transactions, $10M volume, median $164,286/unit
Recent sale comps:
  - 2025-12-12 — 210 N 8th St, Las Vegas, NV 89101 — Multifamily — 12 units — $2,525,000 — $210,417/unit
  - 2025-10-15 — 2030 Sunrise Ave, Las Vegas, NV 89101 — Multifamily — 10 units — $1,300,000 — $130,000/unit
  - 2025-09-16 — 211 Hoover Ave, Las Vegas, NV 89101 — Multifamily — 7 units — $1,150,000 — $164,286/unit
  - 2025-07-23 — 9750 Peace Way, Las Vegas, NV 89147 — Multifamily — 180 units — $43,000,000 — $238,889/unit
  - 2025-06-17 — 901 E Bridger Ave, Las Vegas, NV 89101 — Multifamily — 10 units — $1,200,000 — $120,000/unit — cap 6.0%

## Portland, OR — CRE Market Report
URL: https://markets.intellcre.com/portland-or/
CBSA: 38900 · reference 2026-Q3
Population: 2,537,070 (YoY +1.1%)
Median household income: $98,994
Unemployment: 4.6%
Employment: 1,341,018
Cap rates (median): Multifamily 5.6%; Office 6.3%; Retail 6.2%; Industrial 6.0%
Multifamily rent growth (YoY): +2.3%
Asking rent: studio $1,628; 1br $1,750; 2br $1,997; 3br $2,739; 4br $3,217
Sales activity (trailing 12mo): 4 transactions, $41M volume, median $208,864/unit
Recent sale comps:
  - 2026-02-27 — 2904 SE Washington St, Portland, OR 97214 — Multifamily — 6 units — $1,521,500 — $253,583/unit
  - 2025-12-22 — 4821 NE 110th Ave, Vancouver, WA 98682 — Multifamily — 47 units — $8,610,000 — $183,191/unit — cap 6.3%
  - 2025-12-22 — 4821 NE 110th Ave, vancouver, Wz — Multifamily — 47 units — $8,610,000 — $183,191/unit — cap 6.3%
  - 2025-08-14 — 8011 NE Fourth Plain Blvd, Vancouver, WA 98662 — Multifamily — 97 units — $22,750,000 — $234,536/unit — cap 5.5%
  - 2025-06-30 — 7600 NE Vancouver Mall Dr, Vancouver, WA 98662 — Multifamily — 33 units — $6,700,000 — $203,030/unit — cap 5.3%

## Sacramento, CA — CRE Market Report
URL: https://markets.intellcre.com/sacramento-ca/
CBSA: 40900 · reference 2026-Q3
Population: 2,463,127 (YoY +1.8%)
Median household income: $98,775
Unemployment: 5.9%
Employment: 1,173,596
Cap rates (median): Multifamily 5.7%; Office 6.5%; Retail 5.9%; Industrial 6.0%
Multifamily rent growth (YoY): +2.1%
Asking rent: studio $1,679; 1br $1,777; 2br $2,206; 3br $2,992; 4br $3,455
Sales activity (trailing 12mo): 16 transactions, $301M volume, median $152,273/unit
Recent sale comps:
  - 2026-04-27 — 2020 Red Robin Ln, Sacramento, CA 95821 — Multifamily — 60 units — $10,500,000 — $175,000/unit — cap 5.5%
  - 2025-12-05 — 3111 S St, Sacramento, CA 95816 — Multifamily — 275 units — $106,500,000 — $387,273/unit — cap 5.2%
  - 2025-11-01 — 10930 Fair Oaks Blvd, Fair Oaks, CA 95628 — Multifamily — 44 units — $6,700,000 — $152,273/unit
  - 2025-10-03 — 6930 Fair Oaks Blvd, Carmichael, CA 95608 — Multifamily — 198 units — $33,500,000 — $169,192/unit
  - 2025-09-16 — 950 Howe Ave, Sacramento, CA 95825 — Multifamily — 152 units — $18,875,000 — $124,178/unit

## Austin, TX — CRE Market Report
URL: https://markets.intellcre.com/austin-tx/
CBSA: 12420 · reference 2026-Q3
Population: 2,550,637 (YoY +3.1%)
Median household income: $99,897
Unemployment: 3.9%
Employment: 1,428,828
Cap rates (median): Multifamily 5.0%; Office 6.5%; Retail 6.0%; Industrial 5.9%
Multifamily rent growth (YoY): -3.0%
Asking rent: studio $1,580; 1br $1,690; 2br $1,990; 3br $2,540; 4br $2,940
Sales activity (trailing 12mo): 3 transactions, $11M volume, median $351,852/unit
Recent sale comps:
  - 2026-07-01 — 1117 W 6th St, Austin, TX 78703 — Multifamily — 27 units — $9,500,000 — $351,852/unit
  - 2025-10-28 — 903 E Park St, Cedar Park, TX 78613 — Multifamily — $672,980
  - 2025-03-10 — 14512 FM812, Del Valle, TX 78617 — Multifamily — 1 units — $725,000 — $725,000/unit
  - 2024-12-16 — 2901 Sweeney Ln #1, Austin, TX 78723 — Multifamily — 12 units — $1,619,000 — $134,917/unit
  - 2024-12-09 — 12300 Hymeadow Dr Unit 223, Austin, TX 78750 — Multifamily — 146 units — $17,799,390 — $121,914/unit

## Columbus, OH — CRE Market Report
URL: https://markets.intellcre.com/columbus-oh/
CBSA: 18140 · reference 2026-Q3
Population: 2,225,377 (YoY +2.1%)
Median household income: $82,938
Unemployment: 3.8%
Employment: 1,152,628
Cap rates (median): Multifamily 7.4%; Office 7.6%; Retail 6.6%; Industrial 7.3%
Multifamily rent growth (YoY): +5.3%
Asking rent: studio $1,104; 1br $1,194; 2br $1,445; 3br $1,741; 4br $1,939
Recent sale comps:
  - 2025-01-06 — 315 Wood St Unit 10, Mansfield, OH 44903 — Multifamily — 12 units — $465,000 — $38,750/unit
  - 2024-10-07 — 401 Hill Rd N, Pickerington, OH 43147 — Multifamily — 84 units — $4,090,000 — $48,690/unit
  - 2024-03-11 — 223 Town St, Columbus, OH 43215 — Multifamily — 109 units — $19,600,000 — $179,817/unit
  - 2024-01-22 — 5542 Hickory Dr, Lewis Center, OH 43035 — Multifamily — 1 units — $130,000 — $130,000/unit
  - 2023-12-11 — 5531 Maple Dr, Lewis Center, OH 43035 — Multifamily — 1 units — $263,700 — $263,700/unit

## Pittsburgh, PA — CRE Market Report
URL: https://markets.intellcre.com/pittsburgh-pa/
CBSA: 38300 · reference 2026-Q3
Population: 2,429,917 (YoY +0.3%)
Median household income: $77,214
Unemployment: 4.0%
Employment: 1,225,861
Cap rates (median): Multifamily 7.9%; Office 8.1%; Retail 6.8%; Industrial 7.6%
Multifamily rent growth (YoY): +5.1%
Asking rent: studio $998; 1br $1,068; 2br $1,280; 3br $1,632; 4br $1,759
Sales activity (trailing 12mo): 1 transactions, $893,000 volume, median $446,500/unit
Recent sale comps:
  - 2025-12-11 — 230 Montclair Ave, Pittsburgh, PA 15229 — Multifamily — 2 units — $893,000 — $446,500/unit
  - 2025-06-24 — 401 Lincoln Ave, Bellevue, PA 15202 — Multifamily — 10 units — $815,000 — $81,500/unit — cap 7.7%
  - 2025-01-27 — 3045 Bergman St Unit 3R, Pittsburgh, PA 15204 — Multifamily — 8 units — $410,000 — $51,250/unit
  - 2024-09-12 — 706 Broadway Ave, Mc Kees Rocks, PA 15136 — Multifamily — 10 units — $340,000 — $34,000/unit
  - 2024-08-06 — 815 Jackman Ave Unit A, Pittsburgh, PA 15202 — Multifamily — 12 units — $500,000 — $41,667/unit

## Cincinnati, OH — CRE Market Report
URL: https://markets.intellcre.com/cincinnati-oh/
CBSA: 17140 · reference 2026-Q3
Population: 2,304,804 (YoY +1.4%)
Median household income: $81,489
Unemployment: 4.0%
Employment: 1,164,508
Cap rates (median): Multifamily 8.3%; Office 8.0%; Retail 6.9%; Industrial 7.5%
Multifamily rent growth (YoY): +4.5%
Asking rent: studio $883; 1br $993; 2br $1,287; 3br $1,707; 4br $1,885
Recent sale comps:
  - 2025-04-10 — 1 Roebling Way #1601, Covington, KY 41011 — Multifamily — $899,900
  - 2025-02-25 — 3801 Dina Ter Unit 3801-11, Cincinnati, OH 45211 — Multifamily — 132 units — $13,700,000 — $103,788/unit
  - 2025-01-30 — 1132 Cedar Ridge Ln #37, Park Hills, KY 41011 — Multifamily — 40 units — $155,000 — $3,875/unit
  - 2024-12-11 — 310 Manhattan Blvd, Dayton, KY 41074 — Multifamily — 76 units — $21,000,000 — $276,316/unit
  - 2024-12-03 — 229 5th Ave APT 2, Dayton, KY 41074 — Multifamily — $200,000

## Kansas City, MO — CRE Market Report
URL: https://markets.intellcre.com/kansas-city-mo/
CBSA: 28140 · reference 2026-Q3
Population: 2,254,288 (YoY +1.6%)
Median household income: $83,785
Unemployment: 3.2%
Employment: 1,183,253
Cap rates (median): Multifamily 8.2%; Office 7.3%; Retail 6.5%; Industrial 7.4%
Multifamily rent growth (YoY): +5.3%
Asking rent: studio $1,074; 1br $1,183; 2br $1,346; 3br $1,756; 4br $2,078
Sales activity (trailing 12mo): 13 transactions, $115M volume, median $88,929/unit
Recent sale comps:
  - 2026-02-04 — 12210 W 135th St, Overland Park, KS 66221 — Multifamily — $877,800
  - 2026-02-02 — 14910 S Harrison St, Olathe, KS 66061 — Multifamily — $3,857,000
  - 2025-11-06 — 3800 NW Barry Rd, Kansas City, MO 64154 — Multifamily — $60,950,000
  - 2025-09-10 — 5300 Longview Rd, Kansas City, MO 64137 — Multifamily — 42 units — $3,735,000 — $88,929/unit
  - 2025-08-29 — 14 N 130th St, Bonner Springs, KS 66012 — Multifamily — $1,592,105

## Cleveland, OH — CRE Market Report
URL: https://markets.intellcre.com/cleveland-oh/
CBSA: 17460 · reference 2026-Q3
Population: 2,063,132 (YoY -0.6%)
Median household income: $65,198
Unemployment: 4.4%
Employment: 1,022,369
Cap rates (median): Multifamily 8.5%; Office 8.5%; Retail 7.0%; Industrial 7.6%
Multifamily rent growth (YoY): +6.0%
Asking rent: studio $881; 1br $995; 2br $1,208; 3br $1,553; 4br $1,667
Sales activity (trailing 12mo): 10 transactions, $4M volume, median $81,250/unit
Recent sale comps:
  - 2025-12-24 — 10705 Sandusky Ave, Cleveland, OH 44105 — Multifamily — 2 units — $165,000 — $82,500/unit
  - 2025-12-12 — 14801 Clifton Blvd, Lakewood, OH 44107 — Multifamily — 13 units — $1,081,000 — $83,154/unit
  - 2025-12-08 — 14602 S Lake Shore, Euclid, OH 44119 — Multifamily — 4 units — $313,000 — $78,250/unit
  - 2025-11-26 — 769 E 103rd St, Cleveland, OH 44108 — Multifamily — 4 units — $280,000 — $70,000/unit
  - 2025-11-17 — 3445 Martin Luther King Jr Dr, Cleveland, OH 44104 — Multifamily — 2 units — $175,000 — $87,500/unit

## Indianapolis, IN — CRE Market Report
URL: https://markets.intellcre.com/indianapolis-in/
CBSA: 26900 · reference 2026-Q3
Population: 2,173,288 (YoY +1.6%)
Median household income: $80,239
Unemployment: 4.0%
Employment: 1,123,913
Cap rates (median): Multifamily 8.2%; Office 7.4%; Retail 6.8%; Industrial 7.5%
Multifamily rent growth (YoY): +5.3%
Asking rent: studio $955; 1br $1,097; 2br $1,283; 3br $1,669; 4br $2,028
Recent sale comps:
  - 2025-05-04 — 2471 Ascent Wy, Plainfield, IN 46168 — Multifamily — 309 units — $4,000,000 — $12,945/unit
  - 2025-03-26 — 652 E Main St, Plainfield, IN 46168 — Multifamily — 13 units — $710,000 — $54,615/unit
  - 2025-03-04 — 14901 Beauty Berry Ln, Noblesville, IN 46060 — Multifamily — 280 units — $59,500,000 — $212,500/unit
  - 2025-02-20 — 4521 E Washington St, Indianapolis, IN 46201 — Multifamily — 72 units — $3,600,000 — $50,000/unit
  - 2025-02-18 — 196 Westfield Rd, Noblesville, IN 46060 — Multifamily — 222 units — $52,000,000 — $234,234/unit

## Nashville, TN — CRE Market Report
URL: https://markets.intellcre.com/nashville-tn/
CBSA: 34980 · reference 2026-Q3
Population: 2,151,715 (YoY +2.3%)
Median household income: $88,800
Unemployment: 3.4%
Employment: 1,167,121
Cap rates (median): Multifamily 6.7%; Office 6.8%; Retail 6.0%; Industrial 6.6%
Multifamily rent growth (YoY): +1.3%
Asking rent: studio $1,589; 1br $1,650; 2br $1,827; 3br $2,308; 4br $2,840
Sales activity (trailing 12mo): 23 transactions, $345M volume, median $211,500/unit
Recent sale comps:
  - 2026-05-01 — 898 Delmas Ave, Nashville, TN 37216 — Multifamily — 1 units — $625,000 — $625,000/unit
  - 2026-04-30 — 1035 Chester Ave, Nashville, TN 37206 — Multifamily — 1 units — $518,500 — $518,500/unit
  - 2026-04-17 — 111 West End Ave, Shelbyville, TN 37160 — Multifamily — 2 units — $380,000 — $190,000/unit
  - 2026-04-13 — 404 James Robertson Pkwy, Nashville, TN 37219 — Office — $14,092,862
  - 2026-03-18 — 844 Cherokee Ave, Nashville, TN 37207 — Multifamily — 1 units — $395,000 — $395,000/unit

## San Jose, CA — CRE Market Report
URL: https://markets.intellcre.com/san-jose-ca/
CBSA: 41940 · reference 2026-Q3
Population: 1,995,484 (YoY +2.6%)
Median household income: $164,801
Unemployment: 5.3%
Employment: 1,061,203
Cap rates (median): Multifamily 4.9%; Office 5.8%; Retail 4.5%; Industrial 4.5%
Multifamily rent growth (YoY): +3.4%
Asking rent: studio $2,610; 1br $2,980; 2br $3,450; 3br $4,480; 4br $4,880
Sales activity (trailing 12mo): 144 transactions, $463M volume, median $450,000/unit
Recent sale comps:
  - 2026-06-05 — 198 S Cragmont Ave, San Jose, CA 95127 — Residential — $850,000
  - 2026-06-05 — 198 S Cragmont Ave, San Jose, CA 95127 — Multifamily — $850,000
  - 2026-06-04 — 642 S 7th St, San Jose, CA 95112 — Multifamily — 12 units — $4,500,000 — $375,000/unit — cap 5.7%
  - 2026-05-26 — 767 S Second St, San Jose, CA 95112 — Multifamily — 5 units — $1,530,000 — $306,000/unit — cap 5.8%
  - 2026-05-18 — 10306 Earlander St, San Jose, CA 95127 — Residential — $830,000

## Hampton Roads, VA — CRE Market Report
URL: https://markets.intellcre.com/hampton-roads-va/
CBSA: 47260 · reference 2026-Q3
Population: 1,796,689 (YoY +0.8%)
Median household income: $82,402
Unemployment: 3.8%
Employment: 836,734
Cap rates (median): Multifamily 7.0%; Office 7.6%; Retail 6.6%; Industrial 7.0%
Multifamily rent growth (YoY): +5.2%
Asking rent: studio $1,475; 1br $1,483; 2br $1,696; 3br $2,361; 4br $2,809
Recent sale comps:
  - 2024-09-25 — 701 Rumph Way, Newport News, VA 23601 — Multifamily — 15 units — $645,000 — $43,000/unit
  - 2024-06-26 — 9628 12th Bay St, Norfolk, VA 23518 — Multifamily — 24 units — $2,787,000 — $116,125/unit
  - 2024-05-31 — 1535 Johnstons Rd, Norfolk, VA 23518 — Multifamily — 24 units — $3,200,000 — $133,333/unit
  - 2023-07-31 — 3479 Greenwood Dr, Portsmouth, VA 23701 — Multifamily — 6 units — $195,000 — $32,500/unit
  - 2023-05-23 — 104 Republic Rd, Newport News, VA 23603 — Multifamily — 136 units — $15,100,000 — $111,029/unit

## Providence, RI — CRE Market Report
URL: https://markets.intellcre.com/providence-ri/
CBSA: 39300 · reference 2026-Q3
Population: 1,700,901 (YoY +1.4%)
Median household income: $82,870
Unemployment: 4.6%
Employment: 884,929
Multifamily rent growth (YoY): +5.8%
Asking rent: studio $1,340; 1br $1,447; 2br $1,780; 3br $2,150; 4br $2,575
Sales activity (trailing 12mo): 5 transactions, $5M volume, median $280,000/unit
Recent sale comps:
  - 2026-04-01 — 91 Summer St, New Bedford, MA 02740 — Multifamily — 1 units — $1,450,000 — $1,450,000/unit
  - 2025-10-08 — 250 Eddie Dowling Hwy, North Smithfield, RI 02896 — Multifamily — $676,400
  - 2025-08-20 — 736 Ashley Blvd, New Bedford, MA 02745 — Multifamily — $675,000
  - 2025-08-18 — 266 Putnam Pike, Smithfield, RI 02917 — Multifamily — 5 units — $1,400,000 — $280,000/unit
  - 2025-08-16 — 27 Pilgrim Ave, Coventry, RI 02816 — Multifamily — 6 units — $875,000 — $145,833/unit

## Jacksonville, FL — CRE Market Report
URL: https://markets.intellcre.com/jacksonville-fl/
CBSA: 27260 · reference 2026-Q3
Population: 1,760,548 (YoY +2.8%)
Median household income: $82,053
Unemployment: 4.6%
Employment: 867,550
Cap rates (median): Multifamily 7.0%; Office 7.2%; Retail 6.0%; Industrial 7.0%
Multifamily rent growth (YoY): +1.2%
Asking rent: studio $1,381; 1br $1,454; 2br $1,730; 3br $2,163; 4br $2,739
Recent sale comps:
  - 2025-04-28 — 5049 Timothy Ln, Jacksonville, FL 32210 — Multifamily — 1 units — $250,000 — $250,000/unit
  - 2025-04-10 — 3952 Atlantic Blvd, Jacksonville, FL 32207 — Multifamily — 1 units — $240,000 — $240,000/unit
  - 2025-03-25 — 310 Ryder Cup Cir, Saint Augustine, FL 32092 — Multifamily — $240,000
  - 2025-03-10 — 9912 San Jose Blvd, Jacksonville, FL 32257 — Multifamily — 10 units — $2,200,000 — $220,000/unit
  - 2025-03-05 — 2545 Oak St, Jacksonville, FL 32204 — Multifamily — $195,000

## Milwaukee, WI — CRE Market Report
URL: https://markets.intellcre.com/milwaukee-wi/
CBSA: 33340 · reference 2026-Q3
Population: 1,574,452 (YoY +0.9%)
Median household income: $77,919
Unemployment: 3.8%
Employment: 807,075
Cap rates (median): Multifamily 7.2%; Office 8.3%; Retail 6.9%; Industrial 7.9%
Multifamily rent growth (YoY): +4.2%
Asking rent: studio $940; 1br $1,060; 2br $1,270; 3br $1,590; 4br $1,730
Recent sale comps:
  - 2025-07-14 — 802 N Van Buren St Unit 802, Milwaukee, WI 53202 — Multifamily — 22 units — $1,085,000 — $49,318/unit
  - 2025-07-03 — 1009 W Juneau Ave, Milwaukee, WI 53233 — Multifamily — 118 units — $19,200,000 — $162,712/unit
  - 2025-05-19 — 10851 W Donna Dr, Milwaukee, WI 53224 — Multifamily — 80 units — $4,500,000 — $56,250/unit
  - 2025-04-22 — 903-919 N 14th St, Milwaukee, WI 53233 — Multifamily — 20 units — $12,250,000 — $612,500/unit
  - 2025-04-03 — 2625 W Juneau Ave, Milwaukee, WI 53233 — Multifamily — 24 units — $2,030,000 — $84,583/unit

## Oklahoma City, OK — CRE Market Report
URL: https://markets.intellcre.com/oklahoma-city-ok/
CBSA: 36420 · reference 2026-Q3
Population: 1,497,821 (YoY +1.4%)
Median household income: $72,930
Unemployment: 4.3%
Employment: 727,097
Cap rates (median): Multifamily 6.6%; Office 7.3%; Retail 6.7%; Industrial 7.5%
Multifamily rent growth (YoY): +4.2%
Asking rent: studio $886; 1br $961; 2br $1,180; 3br $1,575; 4br $1,719
Recent sale comps:
  - 2025-07-16 — 6801 NW 122nd St, Oklahoma City, OK 73142 — Multifamily — 208 units — $7,480,000 — $35,962/unit
  - 2025-03-18 — 4020 N Meridian Ave, Oklahoma City, OK 73112 — Multifamily — 184 units — $4,600,000 — $25,000/unit
  - 2024-12-18 — 2700 Walker Ave, Oklahoma City, OK 73103 — Multifamily — 16 units — $1,300,000 — $81,250/unit
  - 2024-11-19 — 3131 SW 89th St Unit 14-14307, Oklahoma City, OK 73159 — Multifamily — 792 units — $57,000,000 — $71,970/unit
  - 2024-10-17 — 200 Sutton Cir, Oklahoma City, OK 73160 — Multifamily — 72 units — $1,300,000 — $18,056/unit

## Memphis, TN — CRE Market Report
URL: https://markets.intellcre.com/memphis-tn/
CBSA: 32820 · reference 2026-Q3
Population: 1,337,653 (YoY +0.2%)
Median household income: $68,124
Unemployment: 5.6%
Employment: 641,458
Cap rates (median): Multifamily 8.2%; Office 7.5%; Retail 6.8%; Industrial 8.7%
Multifamily rent growth (YoY): +3.1%
Asking rent: studio $1,105; 1br $1,207; 2br $1,355; 3br $1,781; 4br $2,086
Recent sale comps:
  - 2025-07-16 — 33 N Rembert St, Memphis, TN 38104 — Multifamily — 8 units — $450,000 — $56,250/unit
  - 2025-07-15 — 650 S Danny Thomas Blvd Unit 5, Memphis, TN 38126 — Multifamily — 5 units — $370,000 — $74,000/unit
  - 2025-06-05 — 519 Simpson Ave #2, Memphis, TN 38106 — Multifamily — 6 units — $326,500 — $54,417/unit — cap 12.3%
  - 2025-05-05 — 1030 Hamilton St, Memphis, TN 38114 — Multifamily — 10 units — $420,000 — $42,000/unit
  - 2025-04-08 — 1652 Winchester Rd, Memphis, TN 38116 — Multifamily — $320,000

## Raleigh–Durham, NC — CRE Market Report
URL: https://markets.intellcre.com/raleigh-durham-nc/
CBSA: 39580 · reference 2026-Q3
Population: 1,562,009 (YoY +3.5%)
Median household income: $102,144
Unemployment: 3.6%
Employment: 840,868
Cap rates (median): Multifamily 6.7%; Office 6.5%; Retail 6.1%; Industrial 6.3%
Multifamily rent growth (YoY): +1.6%
Asking rent: studio $1,555; 1br $1,615; 2br $1,785; 3br $2,220; 4br $2,975
Recent sale comps:
  - 2025-03-25 — 603 W Morgan St, Raleigh, NC 27603 — Multifamily — 126 units — $38,069,000 — $302,135/unit
  - 2025-03-18 — 4100 Six Forks Rd, Raleigh, NC 27609 — Multifamily — 882 units — $137,500,000 — $155,896/unit
  - 2024-10-09 — 1705 Kildaire Farm Rd, Cary, NC 27511 — Multifamily — 80 units — $22,112,500 — $276,406/unit
  - 2024-09-06 — 104 Dartmouth Rd Unit 510, Raleigh, NC 27609 — Multifamily — 171 units — $47,100,000 — $275,439/unit
  - 2024-07-08 — The Pointe, Raleigh, NC 27615 — Multifamily — 56 units — $401,000 — $7,161/unit

## Richmond, VA — CRE Market Report
URL: https://markets.intellcre.com/richmond-va/
CBSA: 40060 · reference 2026-Q3
Population: 1,368,219 (YoY +1.3%)
Median household income: $83,460
Unemployment: 3.8%
Employment: 701,691
Cap rates (median): Multifamily 7.2%; Office 7.2%; Retail 6.5%; Industrial 7.2%
Multifamily rent growth (YoY): +3.8%
Asking rent: studio $1,488; 1br $1,545; 2br $1,711; 3br $2,166; 4br $2,677
Recent sale comps:
  - 2024-10-01 — 140 Commerce Rd, Richmond, VA 23224, EE. UU. — Multifamily — $2,750,000
  - 2024-09-17 — 3522 Maryland Ave, Richmond, VA 23222 — Multifamily — 1 units — $2,200,000 — $2,200,000/unit
  - 2024-09-09 — 3512 Enslow Ave, Richmond, VA 23222 — Multifamily — 1 units — $430,000 — $430,000/unit
  - 2024-05-03 — 1118 N 30th St, Richmond, VA 23223 — Multifamily — 1 units — $200,000 — $200,000/unit
  - 2024-03-08 — 3104 Utah Pl, Richmond, VA 23222 — Multifamily — 1 units — $175,000 — $175,000/unit

## Louisville, KY — CRE Market Report
URL: https://markets.intellcre.com/louisville-ky/
CBSA: 31140 · reference 2026-Q3
Population: 1,396,762 (YoY +2.4%)
Median household income: $74,305
Unemployment: 5.4%
Employment: 687,319
Cap rates (median): Multifamily 7.8%; Office 8.1%; Retail 6.7%; Industrial 7.3%
Multifamily rent growth (YoY): +2.3%
Asking rent: studio $1,003; 1br $1,094; 2br $1,330; 3br $1,714; 4br $1,989
Sales activity (trailing 12mo): 2 transactions, $2M volume, median $63,875/unit
Recent sale comps:
  - 2025-09-25 — 407 Lindsay Ct, Louisville, KY 40206 — Multifamily — 13 units — $804,920 — $61,917/unit
  - 2025-08-12 — 1219 S 6th St, Louisville, KY 40203 — Multifamily — 12 units — $790,000 — $65,833/unit — cap 8.0%
  - 2025-04-04 — 301 W Whitney Ave, Louisville, KY 40214 — Multifamily — 6 units — $800,000 — $133,333/unit
  - 2024-11-25 — 617 Rubel Ave, Louisville, KY 40204 — Multifamily — 1 units — $130,000 — $130,000/unit
  - 2024-11-20 — 808 Fetter Ave, Louisville, KY 40217 — Multifamily — 1 units — $130,000 — $130,000/unit

## New Orleans, LA — CRE Market Report
URL: https://markets.intellcre.com/new-orleans-la/
CBSA: 35380 · reference 2026-Q3
Population: 966,230 (YoY +0.4%)
Median household income: $62,373
Unemployment: 5.0%
Employment: 462,957
Cap rates (median): Multifamily 8.1%; Office 7.7%; Retail 6.6%; Industrial 8.6%
Multifamily rent growth (YoY): +3.6%
Asking rent: studio $1,071; 1br $1,236; 2br $1,478; 3br $1,889; 4br $2,217
Sales activity (trailing 12mo): 1 transactions, $2M volume, median $225,000/unit
Recent sale comps:
  - 2026-04-01 — 1921 Canal St, New Orleans, LA 70112 — Multifamily — 9 units — $2,025,000 — $225,000/unit — cap 5.8%
  - 2024-08-26 — 4404 Division St, Metairie, LA 70002 — Multifamily — 20 units — $2,600,000 — $130,000/unit
  - 2024-06-19 — 6218 Arts Unit 38W414814-19, New Orleans, LA 70122 — Multifamily — 28 units — $2,900,000 — $103,571/unit — cap 4.1%
  - 2024-03-12 — 6745 Cindy Pl, New Orleans, LA 70127 — Multifamily — 14 units — $575,000 — $41,071/unit
  - 2024-03-04 — 3434 Rosedale St, Metairie, TX 70004 — Multifamily — 2 units — $545,338 — $272,669/unit

## Salt Lake City, UT — CRE Market Report
URL: https://markets.intellcre.com/salt-lake-city-ut/
CBSA: 41620 · reference 2026-Q3
Population: 1,300,762 (YoY +2.6%)
Median household income: $100,548
Unemployment: 4.0%
Employment: 709,079
Cap rates (median): Multifamily 5.5%; Office 6.2%; Retail 6.0%; Industrial 5.7%
Multifamily rent growth (YoY): +0.8%
Asking rent: studio $1,243; 1br $1,453; 2br $1,750; 3br $2,350; 4br $2,670
Recent sale comps:
  - 2024-12-03 — 1025 West North Temple Street, Salt Lake City, UT — Multifamily — 175 units — $1,729,000 — $9,880/unit
  - 2024-10-18 — 718 E 300 S, Salt Lake City, UT 84102 — Multifamily — 12 units — $6,497,050 — $541,421/unit
  - 2024-08-30 — 2846 S Blair St, Salt Lake City, UT 84115 — Multifamily — 18 units — $3,749,270 — $208,293/unit
  - 2024-08-01 — 2880 S 300 E, South Salt Lake, UT 84115 — Multifamily — 12 units — $2,926,000 — $243,833/unit
  - 2024-07-08 — 155 S 400 E, Salt Lake City, UT 84111 — Multifamily — 19 units — $3,059,000 — $161,000/unit

## Hartford, CT — CRE Market Report
URL: https://markets.intellcre.com/hartford-ct/
CBSA: 25540 · reference 2026-Q3
Population: 1,169,048 (YoY +1.5%)
Median household income: $94,419
Unemployment: 4.7%
Employment: 613,754
Multifamily rent growth (YoY): +6.5%
Asking rent: studio $1,133; 1br $1,306; 2br $1,653; 3br $1,992; 4br $2,363
Recent sale comps:
  - 2025-02-25 — 308 High St, New Britain, CT 06051 — Multifamily — 6 units — $775,000 — $129,167/unit
  - 2025-01-16 — 92 Newington Ave, New Britain, CT 06051 — Multifamily — 3 units — $441,000 — $147,000/unit
  - 2024-12-31 — 119 Thorniley St, New Britain, CT 06051 — Multifamily — 2 units — $318,000 — $159,000/unit
  - 2024-12-30 — 207 Glen St, New Britain, CT 06051 — Multifamily — 6 units — $625,000 — $104,167/unit
  - 2024-12-24 — 27 Andrews St, New Britain, CT 06051 — Multifamily — 3 units — $463,000 — $154,333/unit

## Buffalo, NY — CRE Market Report
URL: https://markets.intellcre.com/buffalo-ny/
CBSA: 15380 · reference 2026-Q3
Population: 1,160,172 (YoY +0.4%)
Median household income: $72,300
Unemployment: 4.2%
Employment: 573,813
Cap rates (median): Multifamily 7.9%; Office 8.6%; Retail 6.5%; Industrial 6.8%
Multifamily rent growth (YoY): +3.9%
Asking rent: studio $968; 1br $1,001; 2br $1,176; 3br $1,438; 4br $1,625
Sales activity (trailing 12mo): 10 transactions, $33M volume, median $123,810/unit
Recent sale comps:
  - 2025-09-26 — 597 Elmwood Ave, Buffalo, NY 14222 — Multifamily — 12 units — $1,450,000 — $120,833/unit
  - 2025-09-25 — 369 Kinsey Ave, Kenmore, NY 14217 — Multifamily — 2 units — $230,000 — $115,000/unit
  - 2025-09-19 — 24 S Johnson Park, Buffalo, NY 14201 — Multifamily — 42 units — $5,200,000 — $123,810/unit
  - 2025-09-11 — 89 Tulane Rd, Buffalo, NY 14217 — Multifamily — 2 units — $270,000 — $135,000/unit
  - 2025-09-09 — 318 W Girard Blvd, Tonawanda, NY 14217 — Multifamily — 2 units — $293,000 — $146,500/unit

## Birmingham, AL — CRE Market Report
URL: https://markets.intellcre.com/birmingham-al/
CBSA: 13820 · reference 2026-Q3
Population: 1,192,583 (YoY +0.7%)
Median household income: $74,954
Unemployment: 3.8%
Employment: 568,490
Cap rates (median): Multifamily 7.2%; Office 7.2%; Retail 6.8%; Industrial 7.0%
Multifamily rent growth (YoY): +4.7%
Asking rent: studio $998; 1br $1,144; 2br $1,267; 3br $1,583; 4br $1,791
Recent sale comps:
  - 2025-02-24 — 8000 1st Ave, Birmingham, AL 35206 — Multifamily — 7 units — $400,000 — $57,143/unit
  - 2025-02-05 — 700 Graymont Ave, Birmingham, AL 35204 — Multifamily — 8 units — $505,000 — $63,125/unit
  - 2024-12-26 — 5345 Georgia Rd, Birmingham, AL 35212 — Multifamily — 4 units — $290,000 — $72,500/unit
  - 2024-11-21 — 312 11th St, Birmingham, AL 35204 — Multifamily — 4 units — $330,000 — $82,500/unit
  - 2024-11-21 — 1113 15th St, Birmingham, AL 35204 — Multifamily — 10 units — $740,000 — $74,000/unit