Pricing for Class A student housing properties eclipsed pre-COVID levels in 2020, according to a new analysis from Walker & Dunlop on pricing metrics in the space.
The average price per unit clocked in at $251,000 and the price per bed hit $96,000 last year, with the Pacific Coast reflecting the highest pricing for both. Overall, pricing within the sector increased 18% on a per-unit basis.
"It is extremely promising that we saw such an increase in student housing pricing, despite the downturn that the pandemic caused," the report notes. "It speaks to the resiliency of the space."
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