The CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States started to fall in 2022, after more than a decade of steady growth. The index measures the development of sales prices of office properties with 2000 chosen as a base year. An index value of 200 means that sales prices have doubled since 2000. In March 2023, the value-weighed index, which is more representative for the high-value deals in core markets, hit 181 index points, down from a market peak of 222 in December 2021. The equal-weighed index is more influenced by the lower-priced deals that comprise the higher share of transactions. It stood at 227 index points in March 2023, down from a market peak of 240 in June 2022.
CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Basic Statistic Prime office rental prices in Dublin, Ireland 2019-2023
- Premium Statistic Office real estate yields in big cities in Germany Q1 2023
- Premium Statistic Absorption of office space in the largest U.S. markets Q4 2022
- Premium Statistic Largest office leases in the U.S. Q2 2023, by tenant
- Premium Statistic Prime rent of office real estate in Europe 2022-2023, by city
- Premium Statistic Office real estate stock in Europe 2023, by city
- Premium Statistic Prime yield of offices in Brussels, Belgium 2013-2022
- Premium Statistic Investment volume in office real estate in Central London 2021-2023, by source
- Premium Statistic Prime office rent per square meter in different submarkets in Madrid, Spain 2022-2023
- Premium Statistic Prime office rent per square meter in different submarkets in Barcelona 2023
About the region
10
- Premium Statistic Index of commercial property prices in the U.S. 2014-2023, per quarter
- Premium Statistic Perception of real estate market among foreign investors in U.S. 2016-2018
- Premium Statistic NCREIF property index 2013-2020, by type
- Premium Statistic Value of office real estate purchased by foreign investors U.S. 2016, by origin
- Premium Statistic House purchase compared to asking price in the U.S. 2022
- Premium Statistic House purchase compared to asking price in the U.S. 2022, by age group
- Premium Statistic WeWork locations in the U.S. by city 2023
- Premium Statistic National NCREIF Property Index returns in the U.S. 2022, by property type
- Basic Statistic Purchase-only house price index for East North Central region in the U.S. 1991-2022
- Premium Statistic National NCREIF Property Index returns in the U.S. 2007-2023
Other regions
10
- Premium Statistic Value of investments in commercial real estate worldwide 2015-2023, by type
- Premium Statistic Average price for residential properties for sale in Italy 2023, by region
- Premium Statistic Real estate developer investments in China 2022, by building use
- Premium Statistic Office rental prices South Korea Q3 2023, by province
- Premium Statistic Property market five-year average annual return on investment UK 2025, by asset class
- Basic Statistic Shopping centers: prime rents in selected European cities H1 2021
- Premium Statistic Office space turnover in the big cities in Germany from 2011 to H1 2016
- Premium Statistic Number of real estate investment trust properties in Japan 2023, by sector
- Premium Statistic Prime rent of office real estate in Geneva 2015-2019
- Premium Statistic Most attractive property sectors for investment in the Americas 2017-2022
Related statistics
10
- Premium Statistic 12 month rental growth of commercial property worldwide Q2 2021, by sector
- Premium Statistic 12 month capital value performance commercial property worldwide Q2 2021, by sector
- Premium Statistic Real estate market cap in the UK 2020, by asset class
- Premium Statistic Real estate enterprise value in the UK 2020, by asset class
- Premium Statistic Change in price for residential properties for sale in Italy H1 2019, by region
- Basic Statistic United Kingdom (UK) retail real estate market 2013-2016, by subsectors
- Premium Statistic Capital value growth forecast for different commercial property types UK 2023-2027
- Premium Statistic House price index in real terms (RHPI) of the Benelux region 2010-2022
- Premium Statistic House price index (HPI) of the Benelux region 2010-2022
- Basic Statistic Size of luxury property one million dollars can buy worldwide 2022, by city
Further Content: You might find this interesting as well
CoStar. (May 26, 2023). CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023 [Graph]. In Statista. Retrieved April 28, 2024, from https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/
CoStar. "CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023." Chart. May 26, 2023. Statista. Accessed April 28, 2024. https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/
CoStar. (2023). CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023. Statista. Statista Inc.. Accessed: April 28, 2024. https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/
CoStar. "Costar Commercial Repeat-sales Index (Ccrsi) for Office Real Estate in The United States from March 1996 to March 2023." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/
CoStar, CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023 Statista, https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/ (last visited April 28, 2024)
CoStar Commercial Repeat-Sales Index (CCRSI) for office real estate in the United States from March 1996 to March 2023 [Graph], CoStar, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1379467/ccrsi-office-real-estate-usa/