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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=75442013-04-25T07:10:00Z2013-04-25T07:00:00Z

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%


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