July 30, 2025
Matrix Multifamily Seattle Report-July 2025
Seattle Makes Positive Moves
Seattle’s advertised asking rents rose by 0.5 percent on a T3 basis through May to $2,246, outperforming the 0.3 percent U.S. rate, while occupancy remained at a healthy 95.1 percent in April, following a 30 bps YoY decline. The pace and prices of transactions also increased.
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