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DFW ALN apartment data May 2013DFW ALN apartment data May 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=71072013-06-14T13:02:00Z2013-06-12T00:00:00Z

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

Dallas-Fort Worth Market Review

Dallas-Fort Worth
 
Stabilized Market*
May 2013 Annual
Change
Occupancy rate 93.6 0.7%
Units added -265 -
Units absorbed (annual) 5,425 -
Average size (SF) 860 -0.6%
Asking rent $847 3.2%
Effective rent $834 3.6%
Effective rent per SF $0.97 4.2%
Offering concessions 39% -15.3%
Avg. concession package 4.3% -8.1%

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

Floor Plan Breakdown - Dallas-Fort Worth
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.4% 490 $582 $573
1 BR 47.6% 698 $743 $732
1 DEN 3.4% 901 $949 $939
2 BR 38.5% 1,009 $935 $920
2 DEN 1.2% 1,299 $1,417 $1,404
3 BR 6.2% 1,248 $1,086 $1,069
>3 BR 0.9% 1,413 $1,545 $1,531

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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