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ALN: Austin, Atlanta, DFW, Houston, Tucson, San AntonioALN: Austin, Atlanta, DFW, Houston, Tucson, San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=44442014-05-16T10:28:00Z2014-04-10T08:00:00Z

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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