Free Top 10 U.S. States with the Highest Commercial Real Estate Values (2020-2025)
The chart highlights how California leads in commercial real estate values with a sharp rise from 900 billion USD in 2020 to a projected 1.05 trillion USD in 2025, reinforcing its position as the strongest real estate market. Texas follows, growing from 750 billion USD to 850 billion USD, while New York climbs from 720 billion USD to 820 billion USD over the same period. Florida’s commercial real estate value rises steadily from 600 to 675 billion USD, and Illinois follows with 550 to 620 billion USD. Mid-range states like New Jersey, Massachusetts, and Washington see consistent growth, with figures between 430 and 550 billion USD by 2025, while Georgia and Virginia maintain stable upward trends reaching 410 billion USD each. This upward trajectory across states underscores strong property investment and development activity in leading urban markets.
| Labels | 2020 (USD billions) | 2021 (USD billions) | 2022 (USD billions) | 2023 (USD billions) | 2024 (USD billions) | 2025 (USD billions) |
|---|---|---|---|---|---|---|
| California | 900 | 930 | 960 | 990 | 1020 | 1050 |
| Texas | 750 | 770 | 790 | 810 | 830 | 850 |
| New York | 720 | 740 | 760 | 780 | 800 | 820 |
| Florida | 600 | 615 | 630 | 645 | 660 | 675 |
| Illinois | 550 | 560 | 575 | 590 | 605 | 620 |
| New Jersey | 500 | 510 | 520 | 530 | 540 | 550 |
| Massachusetts | 450 | 460 | 470 | 480 | 490 | 500 |
| Washington | 400 | 410 | 420 | 430 | 440 | 450 |
| Georgia | 380 | 390 | 400 | 410 | 420 | 430 |
| Virginia | 360 | 370 | 380 | 390 | 400 | 410 |
