2025 Q1 Augusta Multifamily Report

Multifamily transaction activity remained limited in the Augusta MSA during the first quarter of 2025, with only two sales recorded. However, we anticipate increased sales volume in the second half of the year, driven by a significant wave of loan maturities coming due.

Current occupancy is 87.8%, approximately 250 basis points below the five-year average. Construction activity has also slowed, with just 313 units currently underway. This decline is primarily attributed to rising construction costs and softer occupancy levels across the market.

For a more in-depth analysis, please see our full 2025 Q1 Augusta Multifamily Report.