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Dallas ALN apartment data May 2013Dallas ALN apartment data May 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=70772013-06-14T11:23:00Z2013-06-14T00:00:00Z

DALLAS - ALN Apartment Data has released the May 2013 apartment occupancy, effective rent data and more for apartments in the Dallas market.

Dallas Market Review
Dallas Market Stabilized Market*
May 2013 Annual
Change
Occupancy rate 93.7 0.7%
Units added -282 -
Units absorbed (annual) 2,401 -
Average size (SF) 861 -1.3%
Asking rent $872 2.3%
Effective rent $860 2.7%
Effective rent per SF $1.00 4.1%
Offering concessions 37% -16.6%
Avg. concession package 4.1% -12.9%

*Stabilized market is everything in a market except for apartments in initial lease-up.

Floor Plan Breakdown - Dallas
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.5% 490 $529 $519
1 BR 45.4% 686 $666 $654
1 DEN 2.7% 882 $839 $826
2 BR 39.4% 987 $853 $836
2 DEN 0.9% 1,200 $1,109 $1,096
3 BR 7.4% 1,227 $1,057 $1,037
>3 BR 1.6% 1,388 $1,728 $1,718

Read more at ALN Market News.

ALN Apartment Data
Dallas-Fort Worth-Arlington
Multifamily
http://alndata.com/market_news.phpRead more at {Source}

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