2024 Year-End Review
Market turbulence kept us busy in 2024, and 2025 looks to be no different
From the team at Goodman Commercial, we are pleased to present our hotly anticipated 2024 Year-End Review. For 42 years, we have been committed to providing valuable market insights and deal highlights, and this year is no exception.
In this year’s report you will discover the following key trends and developments:
- After two years of declines, dollar volumes were up 71%, reaching $1.78 billion.
- The number of transactions was below average, but savvy buyers were able to shake loose some rarely available properties of significant scale.
- Non-profit buyers, backed by taxpayer funds, made a big splash, snapping up $366 million worth of multi-family real estate
- Lots of smoke, but very little fire, in the development market, as new policies are bested by poor economics
- Goodman Commercial continues to expand its reach, with speaking engagements, interviews and content appearing in news sources across the country — including a new podcast!
Market turbulence kept us busy in 2024, and 2025 looks to be no different. We strive to keep ahead of the latest twists and turns, ensuring our clients and readership are well-informed and ready to act.
As always, we value your feedback and invite you to reach out to discuss market trends, policy changes, or explore opportunities for selling your property.