Quarterly Economic Dashboard
The Transient Occupancy Tax, based on hotel occupancy, has more than doubled over this time last year. Due to the time needed for state collection and analysis, sales tax reporting always lags one quarter and is reported here for Q3 2015. Business and Property revenues are reported annually.
Sources: City of Oakland Revenue Department, HdL Companies
Industrial Vacancy: 3.6%
Rent/square foot: $8.66
Retail Vacancy: 2.5% Rent/square foot: $22.79
Office Average Rents/Square Foot
Zillow Rent Index-- All Homes
Median Single Family Home Price
Units in pipeline are approved, under review or in pre-application discussion with the Planning Department.
Housing: 15,504 units in pipeline
1,323 units under construction or recently completed
Commercial: 3.5 Million sf in pipeline
681,000 sf under construction
Sources:HdL Companies, Zillow, CoStar Market Analystics, City of Oakland Planning & Building Department.
Dashboard Compiled by Economic and Workforce Development Department. Contact: [email protected]
Office Vacancy: 7.5%
Rent/square foot: $ 25.15