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Galveston apartment market overview Oct. 2014Galveston apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=22502014-12-09T07:07:00Z2014-12-09T00:00:00Z

GALVESTON - Apartment MarketData Research Services LLC has released October 2014 data. The multifamily market data represent three months trailing (Aug.-Oct. 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
Galveston Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 1,337 91.7% $0.874 856 132,294 96.4% $0.852 832
1970's 3,321 97.9% $0.905 809 383,819 95.8% $0.841 818
1980's 4,999 98.1% $0.914 794 488,257 96.9% $0.928 780
1990's 1,577 98.8% $1.022 862 226,024 97.4% $1.080 922
2000's 3,634 98.6% $0.959 984 366,007 97.4% $1.046 963
2010's 1,384 98.8% $0.964 932 70,963 97.2% $1.194 927
Totals 16,252 97.8% $0.935 863 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 Houston Multihousing Market Conditions Report, including previous data.

Source: Apartment MarketData Research Services LLC, San Antonio

See Houston-Sugar Land-Baytown Market Data Sources for pages of data you will love.
Texas real estate news

Company News Release
Houston-The Woodlands-Sugar Land
Multifamily
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