Q1 2025 U.S. investment sales market overview
Major markets are leading the investment sales recovery. Here’s a snapshot of what’s happening in select, major growth markets across the U.S.
To fully understand the current state of the investment sales market in the United States, Avison Young’s US Investment Sales group has selected twelve key growth markets, in addition to the United States as a whole, to monitor various sales trends across five different property types.

Investment sales summary
The U.S. investment sales market had relatively active first quarter, showing signs of resilience despite ongoing market uncertainties. For the first quarter of 2025, the U.S. investment sales market recorded 5,029 transactions valued at $73.2 billion in total dollar volume. When compared to Q1 2024, this is an 8.6% and 3.0% decrease, respectively.
While investment sales notoriously start off the beginning of the year slow, there are signs that the U.S. market is poised to build as the year progresses. However, it has remained to be seen how the ambiguity of tariffs will affect the investment sales market later in 2025.

The full report contains data for New York, Los Angeles, Atlanta, Charlotte, Chicago, Dallas, Austin, Denver, Miami, Phoenix, San Francisco / Bay Area and Washington D.C.
For more information, contact:

- Principal, Head of U.S. Investment Sales
- Capital Markets Group, Investment Sales

- Principal, Senior Director of U.S. Investment Sales
- Capital Markets Group, Investment Sales