Published April 1, 2007

If you own or manage single-family rentals, multiplexes, or 5-19 unit apartment properties in King or Snohomish counties, participate in our annual survey of rents and vacancies and receive a detailed Executive Summary of the results, which we publish each May in The 1-19 Unit Apartment Report.

Survey forms

We conduct this survey between April 5th and April 20th each year. To download forms to participate in either the current survey or the next one, please see "Participant forms for the 1-19 unit rental market survey" in the "Participate" section of our website.

Confidential

We treat your rent and vacancy information confidentially. We do not identify any information for any specific property in the final report. The report presents statistical information only, calculated for groups of properties so your property can not be identified.

We collect information on more than 3,000 properties each year. We get such a large participation rate because participants are confident we treat their information carefully. We also get such a strong response because participants value the Executive Summary they get in return.

Participants get a report of the results

Participants get a detailed Executive summary of the results that discusses the trends we found from the survey. It also reports current rents and vacancies by:

• Property type (single-family rentals, 2-4 unit multiplexes, and 5-19 unit apartment properties);
• Unit type (studios through 5-bedroom units); and
• Neighborhood (for more than 30 neighborhoods in King and Snohomish counties).

Front page

Data page

Sample report

You can download a two-page sample of an older report to get a better idea of the content.

• Sample Report (2 pages, 592kb PDF)

Neighborhoods

The report presents survey results by neighborhood for 30+ neighborhoods in King and Snohomish counties. See the following link for maps showing the neighborhood boundaries.

• Neighborhood maps

Participants can create their own custom reports

Participants can create their own custom reports from their password-protected "my account" page on our website.

The custom reports let you select:

• the neighborhood you want to study,
• the property type (single-family rentals, multiplexes, or 5-19 unit apartments)
• and the age range of the properties.

You can even create your own custom neighborhood areas. The screen shot below shows the form where you can select the criteria that best fit the property or area you are analyzing.

The report you create provides current and historical rent trends for each bedroom type (from studio apartments to 5-bedroom units, depending on your custom selection criteria).

You get as much as ten years of rent trends, both in total dollars as well as rent per net rentable square foot.

The longer term trend is an important tool to put current rents in perspective, and to compare your performance over time with the market.

Your finished custom report shows ten years of rent information (rent per unit and rent per net rentable square foot) for each unit type.

The screen shot below shows the custom report results for one bedroom type only. The complete custom report includes tables and graphs for all bedroom types that match the criteria you select.

Participate with all of your properties

Whether you participate with one property or 100, you will get the Executive Summary report and you will also get access to the custom online report, which is a powerful tool.

So why participate with more than one property?

The custom reports are a powerful tool because you can tailor your report to your own situation. These reports let you zero in on a property age range that fits your property. They also let you define your own market area by combining two or more of our standard neighborhoods, or even by defining your own neighborhood boundary using census tracts.

And the ten years of rent information really lets you compare your property performance against the "peer group" you define in the custom report.

All this flexibility to customize however you want means you will probably want to run a number of different custom reports. You will likely fine-tune your custom reports by changing the age group ranges slightly, or your market area boundaries.

If you participate with one property, we give you the ability to create up to three custom reports. That's it until the next year (note: subscribers can create an unlimited number of custom reports). If you participate with ten properties, you can create 30 custom reports.

So, more property participation results in more access to this useful tool.

Also, if you have others in your organization who should have access to this information, then having the ability to create more custom reports gives everyone an opportunity to use this detailed research tool. (See Access research your office gets with a sub-account link for more information about creating "subaccounts" for others in your organization.)

Editor's note: This is the complete article.

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Today's subscriber comment

June 17, 2013

Chris Ross: "I recently examined each of the reports we get from Dupre + Scott to determine if the information was worth the cost, and if the information was pertinent to the work that we do on a daily basis. Needless to say, we purchased all of our usual reports and even added the Investment Report to be our main source of sales comparables information going forward."

"The information Dupre + Scott provides us is always insightful, thorough, and matches the type of trends we're seeing out in the market on a daily basis. While we always complete our own analysis on all of the markets throughout the Puget Sound region, it's always great to be able to compare our findings with yours to see if we're getting the same type of information and seeing the same type of trends."

"The 30+ years Dupre + Scott's principals spent providing market statistics throughout the Puget Sound region is apparent in each of the reports they provide." (Chris is an analyst with Moran & Company's Seattle office.)