After the average price paid for assisted living rose from $150,600 per unit in 2013 to $188,700 per unit 2014, a 25% increase according to the 20th Edition of The Senior Care Acquisition Report, who would have expected that in these heady times in seniors housing, there would be virtually no change in the average price for the last two four-quarter cycles? Indeed, for the 12-months ending March 31, 2015, the average price per unit was $188,900 (up 0.1% from the 2014 Calendar Year), and for the 12-months ending June 30, 2015, the average price per unit was $189,500 (up 0.4% from 2014). Is this evidence enough that we have reached the top of the roller coaster? Or is demand still so strong that the average can keep pushing higher?
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Does the price per unit stated in the article refer to the Real Estate portion only? Here in Colorado we are showing price per unit in the 250k-500k.
The price per unit is inclusive of the real estate and the services of the property. We also took a national average, based on sales in the last 12 months, so the average price may differ greatly state to state.