Seasonality
PSA seasonality — Public Storage
Over the last 11 years, PSA's strongest month on average has been August (+3.5%) and its weakest September (-3.2%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.18% | -0.88% | 40% | +8.6% | -7.2% | 10 |
| Feb | +1.13% | -0.12% | 50% | +11.2% | -6.5% | 10 |
| Mar | +0.27% | +1.62% | 60% | +9.9% | -11.8% | 10 |
| Apr | -0.05% | -1.02% | 50% | +13.9% | -10.6% | 10 |
| May | +1.89% | +2.75% | 80% | +9.3% | -11.0% | 10 |
| Jun | +0.77% | +1.58% | 60% | +7.1% | -5.4% | 10 |
| Jul | +0.29% | +1.88% | 60% | +4.4% | -7.3% | 10 |
| Aug | +3.50% | +2.46% | 60% | +16.1% | -5.3% | 10 |
| Sep | -3.17% | -4.90% | 30% | +5.9% | -11.5% | 10 |
| Oct | +0.23% | -0.62% | 50% | +14.8% | -9.6% | 10 |
| Nov | +0.74% | -1.44% | 44% | +8.4% | -5.5% | 9 |
| Dec | +1.06% | -0.43% | 50% | +17.9% | -14.0% | 10 |
Monthly returns heat map — PSA
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.4 | 11.2 | -11.8 | 11.7 | 0.4 | 4.8 | 1.8 | -5.3 | -7.9 | 14.8 | 3.9 | +30.0% | |
| 2025 | -0.3 | 1.7 | -1.4 | 0.4 | 2.7 | -4.9 | -7.3 | 8.3 | -1.9 | -3.6 | -1.4 | -5.5 | -13.3% |
| 2024 | -7.2 | 0.2 | 2.2 | -10.6 | 5.5 | 5.0 | 2.9 | 16.1 | 5.9 | -9.6 | 5.8 | -14.0 | -1.8% |
| 2023 | 8.6 | -1.8 | 1.1 | -2.4 | -3.9 | 3.0 | -3.5 | -1.9 | -4.7 | -9.4 | 8.4 | 17.9 | +8.8% |
| 2022 | -4.3 | -1.0 | 9.9 | -4.8 | -11.0 | -5.4 | 4.4 | 1.4 | -11.5 | 5.8 | -3.8 | -6.0 | -25.2% |
| 2021 | -1.4 | 2.8 | 5.5 | 13.9 | 0.5 | 6.5 | 3.9 | 3.6 | -8.2 | 11.8 | -1.4 | 14.4 | +62.2% |
| 2020 | 5.1 | -6.5 | -5.0 | -6.6 | 9.3 | -5.3 | 4.2 | 6.3 | 4.9 | 2.9 | -2.0 | 2.9 | +8.4% |
| 2019 | 5.0 | -0.5 | 3.0 | 1.6 | 7.5 | 0.1 | 1.9 | 9.1 | -7.3 | -9.1 | -5.5 | 1.1 | +5.2% |
| 2018 | -6.3 | -0.7 | 3.1 | 0.7 | 5.0 | 7.1 | -4.0 | -2.4 | -5.2 | 1.9 | 3.8 | -5.1 | -3.1% |
| 2017 | -3.8 | 5.8 | -3.8 | -4.3 | 2.9 | -3.2 | -1.4 | -0.1 | 4.2 | -3.1 | 2.8 | -1.9 | -6.5% |
| 2016 | 6.8 |