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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=63812013-10-16T08:32:00Z2013-09-10T08:30:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released August 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 Aug. 2013
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 94.2 93.0 92.2 92.0 92.1 92.3
Units added 3,131 12,296 5,070 2,617 1,852 1,013
Units absorbed (annual) 1,947 12,864 11,265 1,636 5,828 2,353
Average size (SF) 853 860 872 834 1,014 839
Asking rent $1,012 $870 $878 $821 $853 $757
Effective rent $1,008 $859 $865 $805 $843 $742
Effective rent per SF $1.18 $1.00 $0.99 $0.96 $0.83 $0.88
Offering concessions 14% 36% 35% 42% 34% 50%
Avg. concession package 3.5% 4.2% 4.7% 4.6% 4.4% 4.6%


Read more at ALN Apartment Data.

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