The market is in terrific position to close out the year stronger than it started.
Metro Denver’s vacancy rate dropped another 20 basis points from 5.6% in Q2 to 5.4% in Q3
Rental rates reach historic highs by casting a $1,710 average rate per unit
Construction remains robust despite adversities with 19,847 underway
Over $1.8 billion across 32 transactions with an average price per unit at $334,960Metro Denver’s vacancy rate dropped another 20 basis points from 5.6% in Q2 to 5.4% in Q3