Q3 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 12 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 recorded 20,594 transactions totaling $307.2 billion in dollar volume through the first three quarters of 2025. When annualized, 2025 is on pace for a 9.1% increase in transaction count and a 4.8% increase in dollar volume compared to 2024. Strong Q3 performance has pushed 2025 projections to surpass last year’s totals. With Q4 historically delivering peak sales, this continued growth at the end of the year suggests a promising finish.

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:

James Nelson - Principal, Head of U.S. Investment Sales Avison Young

  • Principal, Head of U.S. Investment Sales
  • Capital Markets Group, Investment Sales
Erik R. Edeen - Principal, Senior Director of U.S. Investment Sales Avison Young

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

Snackable insights to get you through the quarter