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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=98382012-08-29T08:32:00Z2012-08-27T08:00:00Z

ATLANTA, AUSTIN, DFW, HOUSTON, PHOENIX, SAN ANTONIO - ALN Apartment Data has released the July 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 July 2012
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 94.3 92.6 90.7 92.4 90.9 91.4
Units added 1,060 6,050 786 1,292 1,063 679
Units absorbed (annual) 843 8,970 8,878 1,583 2,895 1,547
Average size (SF) 853 861 871 831 1,017 840
Asking rent $948 $831 $828 $794 $813 $730
Effective rent $942 $817 $810 $777 $801 $710
Effective rent per SF $1.10 $0.95 $0.93 $0.93 $0.79 $0.84
Offering concessions 18% 43% 47% 45% 40% 56%
Avg. concession package 3.3% 4.5% 5.2% 4.6% 4.6% 5.4%


Read more at ALN Apartment Data.

ALN Apartment Data
Texas
Multifamily
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