Puget Sound Multifamily Real Estate Hits $6 Billion in Transaction Volume as Institutional Investors Return, Kidder Mathews Reports

The Puget Sound multifamily real estate market recorded approximately $6 billion in transaction volume and roughly 300 sales in 2025, marking a significant rebound from the $2.5 billion logged in 2023, according to data presented at Kidder Mathews' Spring Multifamily Investor Forum and Luncheon on March 10, 2026.

Puget Sound Apartment Market Posts $6 Billion in Transaction Volume

Dylan Simon, executive vice president at Kidder Mathews, presented the market findings at the firm's 26th investor forum — an event described as a fixture for the region's apartment investment community. The data showed that 2025 transaction volume more than doubled compared to 2023 levels.

Institutional Investors Return to the Region

The event's findings highlighted a return of institutional investors to the Puget Sound multifamily market. The recovery from the $2.5 billion recorded in 2023 to approximately $6 billion in 2025 was characterized as a dramatic rebound, according to data presented at the Kidder Mathews forum.

About the Kidder Mathews Spring Multifamily Investor Forum

The Spring Multifamily Investor Forum and Luncheon is hosted by Kidder Mathews and serves as a platform for market data and analysis for the regional apartment investment community. The 26th edition of the event was held on March 10, 2026, with Dylan Simon delivering the market overview. Kidder Mathews is a commercial real estate firm.

Sources: Kidder Mathews; The Registry PNW