Now Available: CBA'S Q4 & Full Year 2022 CMA Sales Overview and Full Research Report
Mar 06, 2023
Washington’s commercial property sales market was strong in 2022 but decelerated sharply during the year's second half.
Summary Highlights from Q4 & Full Year 2022:
- At $17.6B, 2022 was the third-highest annual dollar volume of sales over the past decade.
- For 2022, there was an 18% drop in the number of transactions and a 20% drop in dollar volume compared to the prior year.
- Q4 2022 had the lowest quarterly sales velocity and sales volume of any quarter since Q1 2021.
- Notable sales, those in excess of $100 million, were down significantly compared to 2021.
Click below to read the full detailed full research report and data.