San Antonio 2012 apartment sales summary | San Antonio 2012 apartment sales summary | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=7895 | 2013-03-22T06:52:00Z | 2013-03-22T00:00:00Z |
SAN ANTONIO - Sale activity continued to expand in the San Antonio metropolitan area as 62 apartment communities were sold last year, up 44.2 percent from 2011.
The increased transactions were mirrored by dollar volume, which reached $752.7 million by year-end, a 60.5 percent annual increase.
The average price per unit (PPU) increased last year to $55,100, up 16.1 percent from 2011. Positive growth included a 13.3 percent increase in the average price per sf to $63.49 in 2012.
San Antonio Apartment Sales
|
2012 |
2011 |
Change |
100+ unit sales |
Average price (per unit) |
$60,665 |
$48,593 |
25% |
Average price (per sf) |
$70.69 |
$58.37 |
21% |
Transaction count |
50 |
40 |
25% |
Total volume |
$731,624,000 |
$465,445,762 |
57% |
Less than
100 unit sales |
Average price (per unit) |
$31,094 |
$34,363 |
-10% |
Average price (per sf) |
$37.60 |
$34.42 |
9% |
Transaction count |
12 |
3 |
300% |
Total volume |
$21,095,074 |
$3,558,750 |
493% |
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| San Antonio-New Braunfels
| Multifamily
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