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Galveston Apartment MarketData stats: May 2014Galveston Apartment MarketData stats: May 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=36872014-07-08T08:17:00Z2014-07-08T00:00:00Z

GALVESTON - Apartment MarketData Research Services LLC released May 2014 data. The multifamily market data represent three months trailing (March–May 2014).

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

Multihousing Market Condition Comparison
Age
Group
Galveston Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 1,337 95.4% $0.874 856 134,614 96.5% $0.837 832
1970's 3,322 97.1% $0.884 809 385,921 95.7% $0.818 818
1980's 4,807 97.0% $0.899 794 489,131 97.0% $0.906 780
1990's 1,577 97.8% $1.022 862 225,076 97.6% $1.064 922
2000's 3,634 98.0% $0.949 984 365,322 97.4% $1.032 963
2010's 1,384 97.2% $0.964 932 62,245 97.3% $1.176 926
Totals 16,061 97.2% $0.925 864 1,662,309 96.8% $0.946 858


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 May 2014 Houston-Galveston full report, including historical data.

Source: Apartment MarketData Research Services LLC, San Antonio

See more multihousing data under Multifamily in Houston-Sugar Land-Baytown Market Data Sources!

Company News Release
Houston-The Woodlands-Sugar Land
Multifamily
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