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O'CONNOR REAL ESTATE EVENTS |
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- Office Forecast Luncheon
November 18th, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Speakers:
Scott Ison, Axis Tenant Advisors
Jon Silberman, NAI Houston
Register Now!
- Apartment Forecast Luncheon
December 9th, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Speakers:
Ed Nwokedi, Cushman & Wakefield of Texas, Inc.
Craig LaFollette, Holliday Fenoglio Fowler, L.P.
Register Now!
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San Antonio Apartment Market Update - July 2007August 16, 2007
San Antonio Apartment Market Update - July 2007
Click here for graphs and a PDF version of this article.
The San Antonio market registered the largest monthly occupancy increase of all major Texas markets; San Antonio occupancy and is second only to the Austin market. Average rental rates in San Antonio declined in July, and remain the most affordable of all major Texas markets. Monthly absorption was once again positive in San Antonio, though demand trailed both the Houston and Dallas/Fort Worth markets.
San Antonio apartment market occupancy climbed 0.20 points over the month, and is up 0.12 points over the last 12 months to 91.07%. Though rental rates per square foot fell $0.001 psf in July to $0.838 psf, they remain $0.017 psf above last year’s level. At $675.75, rent per unit reported a monthly decline of $0.41, but is up $15.50 over the year. Absorption in July was 234 units; annual absorption totals a robust 2,289 units.
ApartmentLink is your best source for apartment market data in Houston, Dallas/Ft. Worth, Austin and San Antonio. With information on owners, occupancy, rent, ammenities, detailed property information, comparable information, and much more, ApartmentLink provides vital apartment information for on-site managers, vendors, brokers, owners and investors. The database is available online at oconnordata.com.
Ask about your FREE 10-Day trial for the most accurate online Texas apartment data today! Click here to sign up or contact Heather Wiesner at 713-375-4262.
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