| ALN: Atlanta, Austin, DFW, Houston, Phoenix, San Antonio | ALN: Atlanta, Austin, DFW, Houston, Phoenix, San Antonio | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=7544 | 2013-04-25T07:10:00Z | 2013-04-25T07:00:00Z |
AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released the March 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 Mar. 2013
|
Markets |
Austin |
DFW |
Houston |
San Antonio |
Atlanta |
Phoenix |
|
Occupancy rate |
94.1 |
92.4 |
91.2 |
90.8 |
90.8 |
99.1 |
|
Units added |
3,433 |
7,206 |
3,604 |
4,178 |
861 |
461 |
|
Units absorbed (annual) |
3,389 |
9,404 |
13,672 |
3,335 |
4,168 |
18,650 |
|
Average size (SF) |
855 |
861 |
873 |
837 |
1,018 |
842 |
|
Asking rent |
$961 |
$847 |
$853 |
$812 |
$828 |
$746 |
|
Effective rent |
$954 |
$832 |
$835 |
$795 |
$815 |
$726 |
|
Effective rent per SF |
$1.12 |
$0.97 |
$0.96 |
$0.95 |
$0.80 |
$0.86 |
|
Offering concessions |
17% |
42% |
43% |
42% |
38% |
53% |
|
Avg. concession package |
3.8% |
4.4% |
5.3% |
4.8% |
5.1% |
5.6% |
Read more at ALN Apartment Data.
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| ALN Apartment Data
| Texas
| Multifamily
| http://alndata.com/market_news.php | | | | Read more at {Source} |
