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ALN: Atlanta, Austin, DFW, Houston, Phoenix, San AntonioALN: Atlanta, Austin, DFW, Houston, Phoenix, San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=53122014-01-09T09:11:00Z2014-01-09T00:00:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the December 2013 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.

For reference, Atlanta, Ga., and Phoenix, Ariz., are shown. The general overview includes properties in initial lease-up.

General Overview Dec. 2013
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 95.0 93.4 92.5 91.5 91.9 92.1
Units added -401 -1,925 -1,415 -100 -1,481 -150
Units absorbed (annual) 1,069 5,244 7,233 -663 4,229 1,837
Average size (SF) 852 859 871 834 1,016 838
Asking rent $1,006 $865 $882 $824 $863 $760
Effective rent $1,002 $853 $868 $805 $853 $744
Effective rent per SF $1.17 $0.99 $1.00 $0.96 $0.84 $0.89
Offering concessions 13% 36% 34% 44% 34% 48%
Avg. concession package 3.4% 4.3% 4.7% 4.9% 4.3% 4.9%


Read more at ALN Apartment Data.

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