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DFW 2012 apartment sales summaryDFW 2012 apartment sales summaryhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=79372013-03-20T12:14:00Z2013-03-19T00:00:00Z

DALLAS-FORT WORTH - For the third-straight year, transactions and sales volume in the Dallas-Fort Worth metroplex continued to rebound from the market trough in 2009.

The number of properties changing hands totaled 228, an increase of 32.6 percent from 2011.

Sales of properties with at least 100 units increased 19.4 percent, while transactions of smaller assets surged 152.9 percent. Total multifamily sales advanced to $3.0 billion, a 22.1 percent increase from the prior year.

The average price per unit (PPU) was $59,753, an annual gain of 1.4 percent. Apartments in the City of Dallas commanded a premium, selling for an average of $64,438 per unit. Elsewhere in the metro area, units averaged $57,435.

Dallas-Fort Worth Apartment Sales
  2012 2011 Change
100+ unit sales Average price (per unit) $61,498 $59,725 3%
Average price (per sf) $63.67 $66.51 -4%
Transaction count 185 155 19%
Total volume $2,916,606,155 $2,429,995,192 20%
Less than
100 unit sales
Average price (per unit) $49,110 $51,459 -5%
Average price (per sf) $63,65 $48.83 30%
Transaction count 43 17 153%
Total volume $101,792,099 $41,404,799 146%

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Dallas-Fort Worth-Arlington
Multifamily
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