ALN: Austin, Atlanta, DFW, Houston, Tampa, San Antonio | ALN: Austin, Atlanta, DFW, Houston, Tampa, San Antonio | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=2185 | 2014-12-15T11:54:00Z | 2014-12-15T07:15:00Z |
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
| http://alndata.com/market_news.php | | | | Read more at {Source} |