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April 28, 2009 - The April 2009 edition of The 1-19 Unit Apartment Report is now available.
We posted a PDF of the report on the website for subscribers this morning, as well as the Executive Summary for participants.
We also updated the online database this morning so subscribers and participants can create their own custom reports using the results of this new research.
If you subscribe to the report, or were a participant, log in to your account (either click on the "My Account" tab on the navigation bar above or the "Log-in" tab at the far right of the navigation bar) and scroll down your "my account" page to either the section on "subscriber resources" or the one on "participant resources."
This report is based on the findings of our spring survey of 12,621 rental units in 3,681 properties in King and Snohomish counties. The survey collected rent, vacancy, and other market information for single-family rentals, multiplexes, and 5-19 unit apartment properties.
For more information about subscribing to the report, please see The 1-19 Unit Apartment Report.
Subscribers and participants can create their own custom reports from their password-protected "my account" page on our website.
The custom reports let you select the neighborhood you want to study, the property type (single-family rentals, multiplexes, or 5-19 unit apartments), and the age range of the properties.
You can even create your own custom neighborhood areas.
The report you create provides current and historical rent trends for each bedroom type (from studio apartments to 5-bedroom units, depending on your custom selection criteria).
You get as much as ten years of rent trends, both in total dollars as well as rent per net rentable square foot.
The longer term trend is an important tool to put current rents in perspective, and to compare your performance over time with the market.
The screen shot shows the custom report results for one bedroom type only. The complete custom report includes tables and graphs for all bedroom types that match the criteria you select.
We would like to thank all of the owners and professional property managers who participated in this survey. Thanks to them volunteering their valuable time and expertise, we are able to provide this market information.
