{{titleBar.title}}

{{titleBar.tagline}}

 

 

Lubbock apartment market overview Oct. 2014Lubbock apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=22112014-12-12T07:27:00Z2014-12-12T00:00:00Z

LUBBOCK - Apartment MarketData Research Services LLC released October 2014 data. The multifamily market data represent three months trailing (August–October 2014).

As a rule these represent all properties except those that are leased but not occupied units.

Multihousing Market Condition Comparison Aug.–Oct. 2014
Age
Group
Lubbock Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 2,688 96.5% $0.788 752 132,294 96.4% $0.852 832
1970's 6,042 97.0% $0.751 803 383,819 95.8% $0.841 818
1980's 4,289 96.3% $0.832 785 488,257 96.9% $0.928 780
1990's 1,342 98.8% $0.758 854 226,024 97.4% $1.080 922
2000's 3,182 97.2% $0.825 927 366,007 97.4% $1.046 963
2010's 570 99.1% $0.950 935 70,963 97.2% $1.194 927
Totals 18,113 97.0% $0.797 821 1,667,364 96.8% $0.966 859


Rate: Rental Rate is the average market rate expressed as ($/SF/month).
Size: The average size of each unit expressed as (SF/unit).

Click to see the full October 2014 Lubbock Multihousing Market Conditions Report, including previous data.

Source: Apartment MarketData Research Services LLC, San Antonio

tag: apartment research

Company News Release
Lubbock
Multifamily
Read more at {Source}

 Search NewsTalk Texas