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14 May 2024

April Recap

author

James McLean

Union Realtime

With April behind us we can see how asking rates compare to the same month last year. The average price per square foot in April 2024 was $1.28 which was a 14.5% decrease from April 2023 where the price per square foot was $1.50.

With the lease up season starting it will be interesting to see where rates in the summer go compared to 2023.

*Average price per square foot data based on 10x10CC REIT data within the top 25 markets

Check out previous months recap:

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