Introducing the New Supply Ratio: A Vital Tool for Self-Storage Market Saturation Analysis

October 2024
Explorer’s latest feature: the New Supply Ratio, provides a detailed look at new self-storage supply being developed and its impact on both total square footage and square footage per capita, giving users critical insights into market conditions and potential saturation levels.

With the New Supply Ratio, Explorer users can now analyze current and projected openings for 2024 and 2025, detailing the market’s total rentable square footage and square footage per capita. This information is essential for investors and developers, as it reveals how new developments will affect market capacity over time. By understanding these projections, users can make more informed decisions about where to invest or develop, ensuring they enter markets with sustainable demand and avoid oversaturated areas.

Available within the Market Summary section of the Explorer map tool, the New Supply Ratio is accessible to users with Basic and Unlimited subscriptions. This feature enhances Explorer’s powerful toolkit, making it easier than ever for self-storage professionals to identify and seize new opportunities. Dive into Explorer today to explore the New Supply Ratio and start assessing markets with even greater accuracy! See it in action with our recorded tutorial.

For more details, log in to Explorer and start exploring the future of your markets today! Not yet an Explorer user? Try it today for free!

Explorer is available for the evaluation of markets in the US, Canada, Europe and UK.