Spread Between Renovated vs Unrenovated Units

[John Walkup]

Sneak peek of Monday's new report for our Pro Full subscribers: The spread between renovated and unrenovated units appears to be blowing out. With all the new logistical and hurdles imposed at most buildings, buyers appear to be actively repricing the work involved...

 

[John Walkup]

Got some emails about why the renovated line is much smoother: low volume. There are just more renovated units on the market at any given time compared to unrenovated units.