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El Paso apartment market overview Oct. 2014El Paso apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=22812014-12-06T10:19:00Z2014-12-05T08:02:00Z

EL PASO - Apartment MarketData Research Services LLC has 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
El Paso Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 4,342 95.8% $0.769 830 132,294 96.4% $0.852 832
1970's 10,628 97.3% $0.814 815 383,819 95.8% $0.841 818
1980's 9,077 97.1% $0.910 730 488,257 96.9% $0.928 780
1990's 2,621 98.2% $0.844 864 226,024 97.4% $1.080 922
2000's 3,311 98.4% $0.809 930 366,007 97.4% $1.046 963
2010's 2,521 97.2% $0.924 927 70,963 97.2% $1.194 927
Totals* 32,500 97.2% $0.844 818 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 El Paso Multihousing Market Conditions Report, including previous data.

Source: Apartment MarketData Research Services LLC, San Antonio
(Texas real estate news)

Company News Release
El Paso
Multifamily
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