B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
14
14 -- average lease up duration for Tier One multifamily markets (33 largest US markets) (2021 (through October))
The average lease-up duration for properties stabilizing in Tier One multifamily markets in 2021 through October was 14.2 months.
- Tier One markets comprise the 33 largest multifamily markets in the US
- ALN lease-up definition applies (start of leasing to 85% occupancy or 12 months post-construction)
Attribution:
View source
Lighthouse Research Team
Last verified:
·
How we verify data →
Source verified
Evidence graded
Value
14
Unit
Duration Months
Data Vintage
2021 (through October)
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
alndata.com
Primary
Tier A
https://alndata.com/lease-up-time-decreased/ ↗
Source Article
Average Lease
Original Research
alndata.com
· Original study ↗
Methodology
ALN market tier analysis; 3% reduction from 2020 despite 30% increase in units to stabilize
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Tier One multifamily markets (33 largest US markets): 14 average lease up duration. Source: alndata.com (2021 (through October)). Via Lighthouse Intelligence -- https://lighthousedata.io/data/lease-up-time-tier-one-2021
HTML Embed
<blockquote cite="https://lighthousedata.io/data/lease-up-time-tier-one-2021" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>14</strong> -- average lease up duration for Tier One multifamily markets (33 largest US markets)<br><small>Source: alndata.com (2021 (through October)) · <a href="https://lighthousedata.io/data/lease-up-time-tier-one-2021" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
Share
Related Statistics
Use this data in your work
Copy the citation, embed the widget, or explore thousands more verified marketing statistics -- all free.