

Download report
Q4 2025 DMV Market Overview
This quarterly report provides investors with an analysis of recent multifamily transaction volume trends across the DMV, a detailed look at the current under-construction pipeline, and a breakdown of the market's occupency, rent growth, and future supply.
Thank you for submitting your information!
Oops! Something went wrong while submitting the form.
.jpg)
.jpg)

What’s Inside...
- Transaction Volume Trends: Analysis of total 2025 DMV multifamily sales, noting that 71% of all trades occurred in H2 and key submarkets driving activity
- Montgomery County Permit Collapse: Multifamily permits evaporated in 2025, falling 76% YoY; rent control cited as the ultimate barrier to entry
- Pipeline & Conversions: Mapping of projected 2026–2027 deliveries and the increasing reliance on office-to-multifamily conversions

