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ALN: Austin, Atlanta, DFW, Houston, Tampa, San AntonioALN: Austin, Atlanta, DFW, Houston, Tampa, San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21852014-12-15T11:54:00Z2014-12-15T07:15:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the November 2014 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.

For reference, Atlanta, Ga., and Tampa, Fla., are shown. The general overview includes properties in initial lease-up.

General Overview Nov. 2014
Markets Austin DFW Houston San
Antonio
Atlanta Tampa
Occupancy rate 91.8 92.5 91.6 89.5 92.4 92.6
Units added 6,041 8,391 11,818 3,757 5,193 4,683
Units absorbed (annual) 4,219 7,871 9,292 1,937 6,014 4,398
Average size (SF) 852 859 874 838 1,014 922
Asking rent $1,100 $927 $963 $867 $936 $948
Effective rent $1,091 $918 $951 $850 $930 $943
Effective rent per SF $1.28 $1.07 $1.09 $1.01 $0.92 $1.02
Offering concessions 14% 25% 22% 38% 21% 16%
Avg. concession package 5.1% 4.4% 5.3% 4.8% 3.8% 3.4%


Read more at ALN Apartment Data.

tag: apartment

ALN Apartment Data
Texas
Multifamily
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