ALN: Austin, Atlanta, DFW, Houston, Tucson, San Antonio | ALN: Austin, Atlanta, DFW, Houston, Tucson, San Antonio | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=4444 | 2014-05-16T10:28:00Z | 2014-04-10T08:00:00Z |
AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the March 2014 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.
For reference, Atlanta, Ga., and Tucson, Ariz., are shown. The general overview includes properties in initial lease-up.
General Overview March 2014
Markets |
Austin |
DFW |
Houston |
San
Antonio |
Atlanta |
Tucson |
Occupancy rate |
91.8 |
92.3 |
91.8 |
90.2 |
91.9 |
89.9 |
Units added |
7,013 |
10,003 |
11,438 |
3,769 |
4,168 |
375 |
Units absorbed (annual) |
2,590 |
8,097 |
12,964 |
1,834 |
7,188 |
165 |
Average size (SF) |
854 |
860 |
873 |
835 |
1,015 |
729 |
Asking rent |
$1,045 |
$883 |
$912 |
$838 |
$878 |
$643 |
Effective rent |
$1,038 |
$871 |
$899 |
$819 |
$869 |
$618 |
Effective rent per SF |
$1.21 |
$1.01 |
$1.03 |
$0.98 |
$0.85 |
$0.85 |
Offering concessions |
13% |
35% |
32% |
45% |
31% |
58% |
Avg. concession package |
3.9% |
4.1% |
4.6% |
4.7% |
4.1% |
6.9% |
Read more at ALN Apartment Data.
See NewsTalk Texas for this story. ALN provides data for Texas metros! It's easy to find under the category Multifamily under Market Data Sources.
| ALN Apartment Data
| Texas
| Multifamily
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