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San Antonio apartment sales 2013: Hendricks-BerkadiaSan Antonio apartment sales 2013: Hendricks-Berkadiahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=47672014-03-03T07:13:00Z2014-03-03T06:45:00Z

SAN ANTONIO - Multifamily sales activity remained robust in 2013, though the number of deals and sales volume contracted slightly. There were a total of 61 transactions last year, a decline of 6.5 percent as sales volume dipped 0.6 percent to $931.9 million, according to Hendricks-Berkadia.

Prices advanced 16.8 percent to $66,748 per unit in 2013. Values at Class A assets increased 24.2 percent to $122,116 per unit, while the average price at Class B/C properties was $45,746, a gain of 6.1 percent.

San Antonio Apartment Sales
  2013 2012 Change
100+ unit sales Average price (per unit) $71,603 $60,995 17%
Average price (per sf) $77.14 $70.42 10%
Transaction count 48 54 -11%
Total volume $910,374,620 $897,407,247 -1%
Less than
100 unit sales
Average price (per unit) $43,858 $32,707 34%
Average price (per sf) $36.52 $39.87 -8%
Transaction count 13 11 18%
Total volume $34,446,448 $26,874,570 28%


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Berkadia
San Antonio-New Braunfels
Multifamily
http://www.apartmentupdate.com/index.cfmRead more at {Source}

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