{{titleBar.title}}

{{titleBar.tagline}}

 

 

ALN Dallas apartments March 2014ALN Dallas apartments March 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=44402014-04-11T23:40:00Z2014-04-11T00:00:00Z

DALLAS - ALN Apartment Data has released the March 2014 apartment occupancy, effective rent data and more for apartments in the Dallas market.

Dallas Market Review
Dallas Market Stabilized Market*
March 2014 Annual
Change
Occupancy rate 93.7 1.2%
Units added 5,887 -
Units absorbed (annual) 4,335 -
Average size (SF) 865 0%
Asking rent $904 3.4%
Effective rent $894 3.8%
Effective rent per SF $1.03 4.0%
Offering concessions 32% -22.6%
Avg. concession package 3.8% -15.4%

*Stabilized market is everything in a market except for apartments in initial lease-up.

Floor Plan Breakdown - Dallas
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.5% 492 $551 $546
1 BR 45.4% 686 $691 $681
1 DEN 2.7% 882 $860 $850
2 BR 39.5% 989 $876 $863
2 DEN 0.9% 1,229 $1,247 $1,237
3 BR 7.5% 1,228 $1,081 $1,068
>3 BR 1.6% 1,395 $1,733 $1,731


Read more at ALN Market News.

For more stats, see Multifamily under DFW Market Data Sources.

ALN Apartment Data
Dallas-Fort Worth-Arlington
Multifamily
http://alndata.com/%5cmarket_news.phpRead more at {Source}

 Search NewsTalk Texas