Eastern Washington Apartment Market Demonstrates Strength

Eastern Washington Apartment Market Demonstrates Strength
Eastern Washington Apartment Market Demonstrates Strength

Kidder Mathews has released its Q3 2025 Eastern Washington Apartment Market Dynamics report, offering new insights into the multifamily real estate landscape across 20 counties, including Spokane, Benton, Franklin, Chelan, and Yakima.

The report, compiled by Max Frame, Vice President of Kidder Mathews’ Simon | Anderson Multifamily Team, reveals that the region experienced a strong start to the year. However, momentum slowed significantly in the second quarter, with only seven apartment sales recorded across Eastern Washington during that time.

Despite the mid-year dip, activity began to rebound in July, with eight property sales—an encouraging trend that suggests a more robust second half of the year. Spokane emerged as the most active market year-to-date, with 18 of the region’s 26 total transactions in the first half of 2025.

“After a slower second quarter, Eastern Washington’s apartment market is already showing its resilience,” said Frame. “Sales activity has picked up meaningfully in recent weeks, underscoring continued investor confidence in the region’s fundamentals.”

This recent uptick highlights the enduring strength and appeal of Eastern Washington’s apartment market, despite broader economic headwinds.

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