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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=89982012-11-16T09:30:00Z2012-11-16T00:00:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released the October 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 October 2012
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 94.1 92.5 90.9 92.4 90.6 91.5
Units added 2,461 8,761 3,147 1,862 1,715 1,518
Units absorbed (annual) 932 10,076 13,458 2,775 2,607 3,126
Average size (SF) 851 861 871 832 1,018 841
Asking rent $944 $836 $837 $800 $821 $737
Effective rent $938 $822 $819 $784 $808 $717
Effective rent per SF $1.10 $0.95 $0.94 $0.94 $0.79 $0.85
Offering concessions 18% 44% 45% 42% 40% 56%
Avg. concession package 3.8% 4.4% 5.0% 4.8% 4.8% 5.3%


Read more at ALN Apartment Data.

ALN Apartment Data
Texas
Multifamily
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