The Wavelength Brief
Where Market Movement Meets Meaning
Tower Report 46 Buildings · 13,219 Transactions · 1991–2026
The Wavelength Brief answers the question that serious money already knows to ask — but that the market has never packaged for anyone outside the room.
Period
Developer
Active filters: — all views reflect this segment
YTD 2026
224
40 buildings active
Median Price
$867K
Avg $1.17M
Avg $/SF Raw
$1,156
Roofed living area
Avg $/SF Fee-Adj.
At 5% cap rate
Avg DOM
87
Days on market
Historical Total
13,219
1991 – Apr 2026
Market Overview
All 46 Buildings · YTD 2026
About This Report

Most of what matters about a building doesn't appear in the data. Not because the data is wrong — but because the market has always emphasized the wrong numbers. Price. Square footage. Floor level. These are the metrics that get surfaced, repeated, and eventually mistaken for the whole story.

They aren't.

This report exists because of mentors — developers, investors, long-term owners — who were generous enough to show a different way of reading the market. What they understood was that the numbers worth watching are quieter: maintenance fee trajectories, developer track records, absorption patterns, list-to-sold ratios that tell you how a building is really being received. The intelligence that lives beneath the headline figures.

The perspective here isn't unique. It's just reoriented. Toward the numbers that have always mattered more — and away from the ones we were told to focus on.