| Market | Inventory | Under Construction (# Units) |
YTD Completions (# Units) |
Vacancy Rate |
YTD Net Absorption (# Units) |
Monthly Rent per unit |
|---|---|---|---|---|---|---|
| San Francisco | 146,100 | 4,188 | 2,065 | 3.4% | 1,829 | $3,613 |
| SF Peninsula | 61,561 | 2,077 | 301 | 4.0% | 210 | $3,181 |
| Silicon Valley | 158,076 | 9,187 | 3,373 | 4.3% | 3,400 | $2,855 |
| Oakland/East Bay | 205,073 | 9,439 | 3,596 | 4.0% | 3,322 | $2,336 |
| North Bay | 18,865 | 240 | 146 | 3.6% | -154 | $2,091 |
| Total Bay Area Market | 589,675 | 25,131 | 9,481 | 3.9% | 8,607 | $2,872 |
