Pierce-Eislen Market Synopsis

Pierce-Eislen offers a comprehensive range of information concerning the commercial apartment industry among properties of 50 units, and larger, in size within 34 markets:

Western Region

The Phoenix Market

The Phoenix 50+ unit apartment market consists of 1,265 properties – 265,000 units. Reporting is conducted within 19 cities and townships, and is further described among 38 submarkets of relatively consistent demographic composition. While the Phoenix market is located principally within the limits of Maricopa County, a portion of Pinal County is included, to encompass the municipality of Apache Junction.

Phoenix Market Inclusions:

Counties: Maricopa, Pinal (portion)

Apartment Inventory (50+ unit properties)

Properties 1,265 - Units 265,000

Submarkets 38

 

The Tucson Market

The Tucson 50+ unit apartment market consists of 340 properties – 59,920 units. Reporting is conducted within 4 cities and townships, and is further described among 15 submarkets of relatively consistent demographic composition. The Tucson market is located within the limits of Pima County.

Tucson Inclusions:

Counties: Pima

Apartment Inventory (50+ unit properties)

Properties 340 - Units 59,920

Submarkets 15

 

 

The Denver Market

The Denver 50+ unit apartment market consists of 1,105 properties – 216,983 units. Reporting is conducted within 46 cities and townships, and is further described among 49 submarkets of relatively consistent demographic composition. While the market is located principally within the limits of Denver County, other counties in the Denver market area are included; Arapahoe, Jefferson, Adams, and Douglas county.

Denver Inclusions:

Counties: Denver, Arapahoe, Jefferson, Adams, Douglas

Apartment Inventory (50+ unit properties)

Properties 1,105 - Units 216,983

Submarkets 49

 

The Las Vegas Market

The Las Vegas 50+ unit apartment market consists of 695 properties – 159,244 units. Reporting is conducted within 9 cities and townships, and is further described among 22 submarkets of relatively consistent demographic composition. The Las Vegas market is located within the limits of Clark County.

Las Vegas Inclusions:

Counties: Clark

Apartment Inventory (50+ unit properties)

Properties 695 - Units 159,244

Submarkets 22

 

The Colorado Springs Market

The Colorado Springs 50+ unit apartment market consists of 207 properties – 34,682 units. Reporting is conducted within 3 cities and townships, and is further described among 20 submarkets of relatively consistent demographic composition. The Colorado Springs market is located within the limits of El Paso County.

Colorado Springs Inclusions:

Counties: El Paso

Apartment Inventory (50+ unit properties)

Properties 207 - Units 34,682

Submarkets 20

 

Southern California Region

The San Diego County Market

The San Diego County 50+ unit apartment market consists of 1,089 properties – 169,826 units. Reporting is conducted within 54 cities and townships, and is further described among 42 submarkets of relatively consistent demographic composition. The San Diego market is located within the limits of San Diego County.

San Diego County Inclusions:

Counties: San Diego

Apartment Inventory (50+ unit properties)

Properties 1,089 - Units 169,826

Submarkets 42

 

 

The Orange County Market

The Orange County 50+ unit apartment market consists of 962 properties – 173,082 units. Reporting is conducted within 42 cities and townships, and is further described among 35 submarkets of relatively consistent demographic composition. The Orange County market is located within the limits of Orange County.

Orange County Inclusions:

Counties: Orange

Apartment Inventory (50+ unit properties)

Properties 962 - Units 173,082

Submarkets 35


The Inland Empire Market

The Inland Empire County 50+ unit apartment market consists of 130 properties – 19,142 units. Reporting is conducted within 54 cities and townships, and is further described among 33 submarkets of relatively consistent demographic composition. The Inland Empire market is located within the limits of Riverside County and San Bernardino County.

Inland Empire Market Inclusions:

Counties: Riverside, San Bernardino

Apartment Inventory (50+ unit properties)

Properties 130 - Units 19,142

Submarkets 33


The Eastern Los Angeles Market

The Eastern Los Angeles County 50+ unit apartment market consists of 688 properties – 84,101 units. Reporting is conducted within 55 cities and townships, and is further described among 28 submarkets of relatively consistent demographic composition. The Eastern Los Angeles County market is located within the limits of Los Angeles County.

Eastern Los Angeles Market Inclusions:

Counties: Los Angeles

Apartment Inventory (50+ unit properties)

Properties 688 - Units 84,101

Submarkets 28


The Metro Los Angeles Market

The Metro Los Angeles 50+ unit apartment market consists of 1,194 properties – 148,035 units. Reporting is conducted within 28 cities and townships, and is further described among 39 submarkets of relatively consistent demographic composition. The Metro Los Angeles market is located within the limits of Los Angeles County.

Metro Los Angeles Market Inclusions:

Counties: Los Angeles

Apartment Inventory (50+ unit properties)

Properties 1194 - Units 148,035

Submarkets 39

 

The San Fernando Valley-Ventura County Market

The San Fernando Valley 50+ unit apartment market consists of 1,023 properties- 135,794 units. Reporting is conducted within 60 cities and townships, and is further described among 33 submarkets of relatively consistent demographic composition. The San Fernando Valley market is located within the limits of Los Angeles and Ventura County.

The San Fernando Valley-Ventura County Market inclusions:

Counties: Los Angeles, Ventura

Apartment Inventory (50+ unit properties)

Properties 1,023 - Units 135,794

Submarkets 33


Northern California Region

The Bay Area-East Bay Market

The Bay Area-East Bay 50+ unit apartment market consists of 894 properties – 128,336 units. Reporting is conducted within 43 cities and townships, and is further described among 25 submarkets of relatively consistent demographic composition. . While the Bay Area-East Bay market is located principally within the limits of Alameda County, Contra Costa County and Solano County are included in the Bay Area-East Bay market area.

Bay Area-East Bay Market Inclusions:

Counties: Alameda, Contra Costa, Solano

Apartment Inventory (50+ unit properties)

Properties 894 - Units 128,336

Submarkets 25


The Bay Area-South Bay Market

The Bay Area-South Bay 50+ unit apartment market consists of 630 properties – 110,422 units. Reporting is conducted within 13 cities and townships, and is further described among 27 submarkets of relatively consistent demographic composition. The Bay Area-South Bay market is located within the limits of Santa Clara County

Bay Area-South Bay Market Inclusions:

Counties: Santa Clara

Apartment Inventory (50+ unit properties)

Properties 630 - Units 110,422

Submarkets 27


The San Francisco Peninsula Market

The San Francisco Peninsula 50+ unit apartment market consists of 689 properties – 103,708 units. Reporting is conducted within 41 cities and townships, and is further described among 38 submarkets of relatively consistent demographic composition. While the San Francisco Peninsula market is located principally within the limits of San Francisco County, Marin County is included in the San Francisco Peninsula market area.

San Francisco Peninsula Market Inclusions:

Counties: San Francisco, Marin

Apartment Inventory (50+ unit properties)

Properties 689 - Units 103,708

Submarkets 38

 

The Sacramento Market

The Sacramento 50+ unit apartment market consists of 799 properties – 121,989 units. Reporting is conducted within 31 cities and townships, and is further described among 43 submarkets of relatively consistent demographic composition. While the Sacramento market is located principally within the limits of Sacramento County, other counties in the Sacramento metropolitan area are included; El Dorado, Placer and Yolo county.

Sacramento Market Inclusions:

Counties: Sacramento, El Dorado, Placer, Yolo

Apartment Inventory (50+ unit properties)

Properties 799 - Units 121,989

Submarkets 43

 

Pacific Northwest Region

The Seattle Market

The Seattle 50+ unit apartment market consists of 1,295 properties – 192,390 units. Reporting is conducted within 43 cities and townships, and is further described among 44 submarkets of relatively consistent demographic composition. While the Seattle market is located principally within the limits of King County, Snohomish County is included in the Seattle market area.

Seattle Market Inclusions:

Counties: King, Snohomish

Apartment Inventory (50+ unit properties)

Properties 1295 - Units 192,390

Submarkets 44

 

The Tacoma Market

The Tacoma 50+ unit apartment market consists of 423 properties – 57,806 units. Reporting is conducted within 22 cities and townships, and is further described among 19 submarkets of relatively consistent demographic composition. The Tacoma market is located within the limits of Pierce County.

Tacoma Market Inclusions:

Counties: Pierce

Apartment Inventory (50+ unit properties)

Properties 423 - Units 57,806

Submarkets 19

 

The Portland Market

The Portland 50+ unit apartment market consists of 769 properties – 115,808 units. Reporting is conducted within 40 cities and townships, and is further described among 59 submarkets of relatively consistent demographic composition. While the Portland market is located principally within the limits of Multnomah County, other counties in the Portland metropolitan area are included; Clackamas, Washington, and Clark County.

Portland Market Inclusions:

Counties: Multnomah, Clackamas, Washington, Clark

Apartment Inventory (50+ unit properties)

Properties 769 - Units 115,808

Submarkets 59

 

Southeast Region

The Urban Atlanta Market

The Urban Atlanta 50+ unit apartment market consists of 919 properties – 216,416 units. Reporting is conducted within 20 cities and townships, and is further described among 28 submarkets of relatively consistent demographic composition. While the Urban Atlanta market is located principally within the limits of Fulton County, other counties in the Atlanta metropolitan area are included; Cobb, Gwinnett, Clayton and Dekalb county.

Urban Atlanta Market Inclusions:

Counties: Fulton, Cobb, Gwinnett, Clayton, Dekalb

Apartment Inventory (50+ unit properties)

Properties 919 - Units 216,416

Submarkets 28

 

The Suburban Atlanta Market

The Suburban Atlanta 50+ unit apartment market consists of 755 properties – 194,772 units. Reporting is conducted within 51 cities and townships, and is further described among 26 submarkets of relatively consistent demographic composition. The Suburban Atlanta market is located within the limits of these counties: Fulton, Cobb, Gwinnett, Clayton, Dekalb, Rockdale, Fayette and Forsyth.

Suburban Atlanta Market Inclusions:

Counties: Fulton, Cobb, Gwinnett, Clayton, Dekalb, Rockdale, Fayette, Forsyth

Apartment Inventory (50+ unit properties)

Properties 755 - Units 194,772

Submarkets 26

 

The Carolina Triangle Market

The Carolina 50+ unit apartment market consists of 532 properties – 115,756 units. Reporting is conducted within 32 cities and townships, and is further described among 62 submarkets of relatively consistent demographic composition. While the Carolina Triangle market is located principally within the limits of Wake County, other counties in the Carolina Triangle metropolitan area are included; Durham, Orange, Chatham, Harnett, Johnston, Franklin and Granville County.

Carolina Triangle Market Inclusions:

Counties: Wake, Durham, Orange, Chatham, Harnett, Johnston, Franklin, Granville

Apartment Inventory (50+ unit properties)

Properties 532 - Units 115,756

Submarkets 62

 

Mid-Atlantic Region

The Washington DC-Suburban Maryland Market

The Washington DC-Suburban Maryland 50+ unit apartment market consists of 1123 properties – 283,517 units. Reporting is conducted within 50 cities and townships, and is further described among 74 submarkets of relatively consistent demographic composition. While the Washington DC-Suburban Maryland market is located principally within the limits of Montgomery County, other counties in the Washington DC-Suburban Maryland metropolitan area are included; Prince George’s, Anne Arundel, Charles and Calvert county.

Washington DC-Suburban Maryland Market Inclusions:

Counties: Montgomery, Prince George’s, Anne Arundel, Charles, Calvert

Apartment Inventory (50+ unit properties)

Properties 1123 - Units 283,517

Submarkets 74

 

The Northern Virginia Market

The Northern Virginia 50+ unit apartment market consists of 645 properties – 191,315 units. Reporting is conducted within 35 cities and townships, and is further described among 37 submarkets of relatively consistent demographic composition. While the Northern Virginia market is located principally within the limits of Fairfax County, other counties in the Northern Virginia market area are included; Prince William, Arlington, Fredericksburg, Spotsylvania and Loudon County.

Northern Virginia Market Inclusions:

Counties: Fairfax, Prince William, Arlington, Fredericksburg, Spotsylvania, Loudon

Apartment Inventory (50+ unit properties)

Properties 645 - Units 191,315

Submarkets 37

 

The Baltimore Market

The Baltimore 50+ unit apartment market consists of 734 properties – 178,037 units. Reporting is conducted within 71 cities and townships, and is further described among 64 submarkets of relatively consistent demographic composition. While the Baltimore market is located principally within the limits of Baltimore County, other counties in the Baltimore metropolitan area are included; Howard, Anne Arundel, Harford, Carroll and Queen Anne’s county.

Baltimore Market Inclusions:

Counties: Baltimore, Howard, Anne Arundel, Harford, Carroll, Queen Anne

Apartment Inventory (50+ unit properties)

Properties 734 - Units 178,037

Submarkets 64

 

Southwest Region

The Austin Market

The Austin 50+ unit apartment market consists of 705 properties – 155,576 units. Reporting is conducted within 15 cities and townships, and is further described among 43 submarkets of relatively consistent demographic composition. The Austin market is located within the limits of Travis County.

Austin Market Inclusions:

Counties: Travis

Apartment Inventory (50+ unit properties)

Properties 705 - Units 155,576

Submarkets 43

 

The North Dallas Market

The North Dallas 50+ unit apartment market consists of 1087 properties – 265,428 units. Reporting is conducted within 42 cities and townships, and is further described among 35 submarkets of relatively consistent demographic composition. The Suburban Dallas market is located within the limits of Dallas County.

North Dallas Market Inclusions:

Counties: Dallas

Apartment Inventory (50+ unit properties)

Properties 1087 - Units 265,824

Submarkets 35

 

The Suburban Dallas Market

The Suburban Dallas 50+ unit apartment market consists of 799 properties – 173,804 units. Reporting is conducted within 44 cities and townships, and is further described among 29 submarkets of relatively consistent demographic composition. The Suburban Dallas market is located within the limits of Dallas County.

The Suburban Dallas Market Inclusions:

Counties: Dallas

Apartment Inventory (50+ unit properties)

Properties 799 - Units 173,804

Submarkets 29


The Fort Worth Market

The Fort Worth 50+ unit apartment market consists of 848 properties – 177,261 units. Reporting is conducted within 35 cities and townships, and is further described among 59 submarkets of relatively consistent demographic composition. While the Fort Worth market is located principally within the limits of Tarrant County, other counties in the Fort Worth market are included; Johnson, Hood and Parker County.

Fort Worth Market Inclusions:

Counties: Tarrant, Johnson, Hood, Parker

Apartment Inventory (50+ unit properties)

Properties 848 - Units 177,261

Submarkets 59

 

 

Florida Region

The Tampa-St. Petersburg-Clearwater Market

The Tampa-St. Petersburg-Clearwater 50+ unit apartment market consists of 704 properties – 163,588 units. Reporting is conducted within 71 cities and townships, and is further described among 58 submarkets of relatively consistent demographic composition. While the Tampa-St. Petersburg-Clearwater market is located principally within the limits of Hillsborough County, other counties in the Tampa-St. Petersburg-Clearwater metropolitan area are included; Polk, Pasco and Hernando County.

Tampa-St. Petersburg-Clearwater Market Inclusions:

Counties Hillsborough, Pasco, Polk, Hernando

Apartment Inventory (50+ unit properties)

Properties 704 - Units 163,588

Submarkets 58

 

The Orlando Market

The Orlando 50+ unit apartment market consists of 573 properties – 147,105 units. Reporting is conducted within 40 cities and townships, and is further described among 55 submarkets of relatively consistent demographic composition. While the Orlando market is located principally within the limits of Orange County, other counties in the Orlando metropolitan area are included; Seminole, Osceola and Lake County.

Orlando Market Inclusions:

Counties: Orange, Seminole, Osceola, Lake

Apartment Inventory (50+ unit properties)

Properties 573 - Units 147,105

Submarkets 55

 

The Southwest Florida Coast Market

The Southwest Florida Coast 50+ unit apartment market consists of 248 properties – 52,676 units. Reporting is conducted within 26 cities and townships, and is further described among 38 submarkets of relatively consistent demographic composition. The Southwest Florida Coast market is located within the limits of these counties: Manatee, Sarasota, Charlotte, Lee and Collier.

Southwest Florida Coast Market Inclusions:

Counties: Manatee, Sarasota, Charlotte, Lee, Collier

Apartment Inventory (50+ unit properties)

Properties 248 - Units 52,676

Submarkets 38

 

The West Palm Beach-Boca Raton Market

The West Palm Beach 50+ unit apartment market consists of 202 properties – 45,887 units. Reporting is conducted within 26 cities and townships, and is further described among 16 submarkets of relatively consistent demographic composition. The West Palm Beach-Boca Raton market is located within the limits of Palm Beach County.

West Palm Beach-Boca Raton Market Inclusions:

Counties: Palm Beach

Apartment Inventory (50+ unit properties)

Properties 202 - Units 45,887

Submarkets 16

 

The Jacksonville Market

The Jacksonville 50+ unit apartment market consists of 413 properties – 88,723 units. Reporting is conducted within 15 cities and townships, and is further described among 32 submarkets of relatively consistent demographic composition. The Jacksonville market is located within the limits of Duval County.

Jacksonville Market Inclusions:

Counties: Duval

Apartment Inventory (50+ unit properties)

Properties 413 - Units 88,723

Submarkets 32

 

The Fort Lauderdale Market

The Fort Lauderdale 50+ unit apartment market consists of 308 properties – 75,793 units. Reporting is conducted within 35 cities and townships, and is further described among 22 submarkets of relatively consistent demographic composition. The Fort Lauderdale market is located within the limits of Broward County.

Fort Lauderdale Market Inclusions:

Counties: Broward

Apartment Inventory (50+ unit properties)

Properties 308 - Units 75,793

Submarkets 22