Marcus & Millichap’s 3rd Quarter 2021 Multifamily Market Report for the Philadelphia Metro Area has been released. Resiliency has transitioned to near-record growth As of June, vacancy had fallen below the pre-health crisis level. Gains are being driven primarily by suburban neighborhoods, where many households relocated during lockdowns.

Click the link below to view the full report. If you would prefer to view a hard copy of the report, or if you would like to view a report for a market other than Philadelphia, please give us a call at 215-531-7019.

3rd Quarter 2021 Multifamily Market Report – Philadelphia