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San Antonio 2012 apartment sales summarySan Antonio 2012 apartment sales summaryhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=78952013-03-22T06:52:00Z2013-03-22T00:00:00Z

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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