Oklahoma City's multifamily sector has enjoyed notable gains for the most across the board recently but new supply entering the market could weigh on the performance in 2025.

Occupancy went up 50 basis points to 94.1 percent in the fourth quarter from the previous three months, according to a market report from Colliers. Vacancy averaged 9.9 percent in the city, with the lowest rate in the Grady County submarket at 6.2 percent. The highest is in Northeast Oklahoma City, at 16.6 percent.

"Class A properties maintained the highest occupancy at 94.7%, while all other property classes also saw occupancy gains," the CRE firm wrote in an analysis.

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National
Southeast
Multifamily