|
KEEP ME INFORMED |
|
|
 |
|
O'CONNOR REAL ESTATE EVENTS |
|
- Office Forecast Luncheon
September 22, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
- Apartment Forecast Luncheon
October 20, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
- Industrial Forecast Breakfast
November 17, 7:30 a.m. - 9:00 a.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
» RSVP for an event |
|
|
|
|
|
San Antonio Apartment Market Update - June 2007July 9, 2007
San Antonio Apartment Market Update - June 2007
Click here for graphs and a PDF version of this article.
The San Antonio market posted a slight increase in occupancy in June; occupancy remains at one of the highest compared to the other major Texas markets, second only to Austin. While average rental rates per square foot continued their upward trend, San Antonio rents remain below the rest of the state. June demand was strong in San Antonio, although less so than the month prior; monthly absorption figures trailed the state’s leader, Houston, among the major Texas markets.
San Antonio apartment market occupancy increased 0.17 points in June to 90.87%; however, occupancy has fallen a modest 0.08 points over the last year. Rental rates per square foot gained $0.003 psf to $0.838 psf, and are $0.019 psf higher than this time last year. Rent per unit increased $2.70 over the month to $675.85, and is up $17.65 over the year. June absorption was 314 units, bringing annual absorption to 1,807 units, indicating demand San Antonio continues to hold strong.
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.
|
|
