Seasonality
IIPR seasonality — Innovative Industrial Properties, Inc.
Over the last 10 years, IIPR's strongest month on average has been August (+6.3%) and its weakest March (-4.1%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.32% | +2.10% | 60% | +36.4% | -24.6% | 10 |
| Feb | +1.93% | +1.55% | 60% | +27.6% | -12.6% | 10 |
| Mar | -4.06% | -0.98% | 50% | +9.0% | -24.8% | 10 |
| Apr | +1.14% | +2.49% | 70% | +27.6% | -29.6% | 10 |
| May | +1.13% | +0.20% | 50% | +10.1% | -8.0% | 10 |
| Jun | +5.37% | +3.66% | 60% | +47.0% | -17.4% | 10 |
| Jul | +1.11% | +1.70% | 50% | +18.4% | -14.5% | 10 |
| Aug | +6.35% | +5.40% | 60% | +40.2% | -15.6% | 10 |
| Sep | -0.72% | -1.34% | 50% | +9.5% | -13.3% | 10 |
| Oct | -1.41% | -4.54% | 30% | +22.1% | -17.7% | 10 |
| Nov | +5.83% | +1.86% | 56% | +31.8% | -15.6% | 9 |
| Dec | +5.95% | -1.99% | 44% | +78.0% | -38.9% | 9 |
Monthly returns heat map — IIPR
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.0 | 9.6 | -5.3 | 8.2 | 6.9 | 6.9 | -5.1 | -3.2 | -7.5 | -1.2 | 5.4 | +15.8% | |
| 2025 | 7.6 | 0.4 | -24.8 | 0.4 | 1.7 | 0.0 | -6.4 | 9.6 | -5.4 | -6.4 | -1.4 | -4.2 | -28.9% |
| 2024 | -7.5 | 5.1 | 5.7 | -0.1 | 4.2 | 1.3 | 12.4 | 1.2 | 8.3 | -4.0 | -15.6 | -38.9 | -33.9% |
| 2023 | -11.4 | -1.5 | -14.1 | -9.8 | -3.6 | 10.4 | 8.5 | 10.2 | -13.3 | -5.1 | 13.7 | 23.5 | -0.5% |
| 2022 | -24.6 | -4.9 | 9.0 | -29.6 | -8.0 | -17.4 | -12.2 | -4.9 | -3.5 | 22.1 | 12.1 | -16.4 | -61.5% |
| 2021 | 2.2 | 4.2 | -7.6 | 1.6 | -1.6 | 6.0 | 12.6 | 14.4 | -6.0 | 13.8 | -2.4 | 2.4 | +43.6% |
| 2020 | 18.0 | 2.7 | -17.4 | 3.3 | 4.2 | 7.7 | 18.4 | 18.1 | 0.8 | -6.0 | 31.8 | 19.2 | +141.4% |
| 2019 | 36.4 | 27.6 | 3.4 | 4.2 | -1.3 | 47.0 | -14.5 | -15.6 | 3.6 | -17.7 | 1.9 | -2.0 | +67.2% |
| 2018 | -11.6 | -12.6 | 7.2 | 27.6 | 10.1 | -2.5 | -11.6 | 40.2 | 6.3 | -15.0 | 20.4 | -8.0 | +40.5% |
| 2017 | 2.2 | -11.2 | 3.3 | 5.5 | -1.3 | -5.7 | 9.0 | -6.4 | 9.5 | 5.4 | -7.9 | 78.0 | +77.6% |