Seasonality
IRT seasonality — Independence Realty Trust
Over the last 11 years, IRT's strongest month on average has been November (+5.3%) and its weakest September (-4.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.05% | -2.15% | 40% | +13.8% | -11.0% | 10 |
| Feb | +0.59% | -0.61% | 30% | +13.5% | -9.6% | 10 |
| Mar | -1.98% | +3.05% | 60% | +10.2% | -32.6% | 10 |
| Apr | +2.80% | +2.75% | 60% | +12.6% | -8.5% | 10 |
| May | +0.20% | +2.31% | 60% | +5.9% | -13.8% | 10 |
| Jun | +4.12% | +5.44% | 80% | +16.2% | -11.8% | 10 |
| Jul | +0.81% | -0.14% | 50% | +7.1% | -6.5% | 10 |
| Aug | +2.72% | +1.80% | 70% | +12.6% | -12.4% | 10 |
| Sep | -4.94% | -1.26% | 20% | +2.9% | -16.4% | 10 |
| Oct | +0.49% | -0.01% | 50% | +16.1% | -11.9% | 10 |
| Nov | +5.27% | +6.01% | 89% | +11.3% | -3.0% | 9 |
| Dec | -0.50% | -0.20% | 50% | +12.3% | -9.2% | 10 |
Monthly returns heat map — IRT
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.5 | -0.8 | -10.1 | 9.5 | -0.5 | 2.8 | -0.4 | -2.7 | -10.2 | 1.3 | 1.9 | -14.2% | |
| 2025 | -3.2 | 13.5 | -2.6 | -8.5 | -4.3 | -4.8 | -5.2 | 8.0 | -9.5 | -2.8 | 7.7 | 1.9 | -11.9% |
| 2024 | -4.0 | -0.3 | 10.2 | -2.2 | 5.9 | 12.2 | -0.5 | 11.4 | -1.4 | -4.3 | 11.3 | -9.2 | +29.7% |
| 2023 | 11.7 | -3.9 | -11.4 | 3.9 | 3.7 | 5.5 | -6.5 | -1.2 | -16.4 | -11.9 | 9.9 | 12.3 | -9.2% |
| 2022 | -11.0 | 9.9 | 4.6 | 3.1 | -13.8 | -11.8 | 7.1 | -12.4 | -14.0 | 0.2 | 8.1 | -7.0 | -34.7% |
| 2021 | -1.1 | 5.7 | 8.3 | 10.8 | 1.4 | 6.7 | 5.8 | 6.2 | -0.6 | 16.1 | 3.7 | 5.4 | +92.3% |
| 2020 | 4.2 | -9.6 | -32.6 | 12.6 | -1.8 | 16.2 | 0.1 | 1.8 | -1.0 | 4.8 | 6.0 | 4.3 | -4.6% |
| 2019 | 13.8 | -0.9 | 4.2 | -1.9 | 3.7 | 5.4 | 6.7 | 12.6 | 2.9 | 7.6 | -3.0 | -5.8 | +53.4% |
| 2018 | -8.9 | -7.3 | 7.8 | 2.4 | 3.2 | 6.3 | -1.6 | 1.8 | 1.9 | -5.9 | 1.9 | -9.1 | -9.0% |
| 2017 | 3.5 | -0.4 | 2.0 | -1.8 | 4.5 | 2.7 | 2.5 | 1.7 | -1.2 | -0.2 | 1.8 | -2.3 | +13.1% |
| 2016 | 4.3 |