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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=80312013-03-05T10:10:00Z2013-03-05T10:01:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released the February 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 Feb. 2013
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 93.8 92.0 90.9 91.1 90.4 91.5
Units added 3,840 7,454 4,381 4,080 1,036 497
Units absorbed (annual) 3,999 9,579 14,030 4,291 4,582 1,579
Average size (SF) 855 861 873 836 1,017 841
Asking rent $956 $841 $848 $809 $822 $744
Effective rent $948 $826 $830 $791 $808 $724
Effective rent per SF $1.11 $0.96 $0.95 $0.95 $0.79 $0.86
Offering concessions 18% 44% 44% 43% 39% 53%
Avg. concession package 3.9% 4.6% 5.3% 5.1% 5.1% 5.8%


Read more at ALN Apartment Data.

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