Commercial Real Estate Report - Austin, TX [Apartment]

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Property Type

Apartment
Office
Retail

View market and submarket information on Apartment space in Austin, Texas. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Austin, Texas.

Boundaries

Display:
Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Austin, TX - Entire Metro
Submarkets
San Marcos/N Hays -110 bps
East -100 bps
Ranch Rd 620N/FM2222 -60 bps
Far North Central -50 bps
Hwy 183/Cedar Park -50 bps
Far Northwest -40 bps
North Travis -40 bps
Near North Central -30 bps
Round Rk/Georgetwn -30 bps
Central -30 bps
Near Northwest -30 bps
Far South -20 bps
Southeast 30 bps
Near South Central 320 bps

Recent Sales

Cap Rate Trend

Sales Trend
Q1
2013 		Q4
2012 		Q3
2012 		Q2
2012
Mean -- 4.9% 5.1% 10.8%
Median -- 4.6% 5.2% 10.8%
12 Month Rolling 5.9% 6.9% 8.5% 8.2%

Commercial Real Estate News

Headline Date
 

Recent Rent Observations

Location ID Class Rent
Round Rk/Georgetwn 69125 A $981
Round Rk/Georgetwn A3562 BC $668
North Travis 51094 BC $961
North Travis A3539 BC $785
North Travis 44723 A $893
East 29622 BC $587
Far North Central A4721 BC $637
Central 28566 BC $918
Far South 70938 A $1,107
Hwy 183/Cedar Park A3612 BC $695

Change From Previous Quarter

Market Rent Vac Inv
Austin 0.3% -10 bps 0.1%
Southwest Region 0.6% -40 bps 0.2%
United States 0.2% -10 bps 0.0%
Metro vs. Region -0.3% 30 bps 0.0%
Metro vs. US 0.1% 0 bps 0.0%

Latest New Construction Updates

Location Size
Near South Central 0 - 100
Central 100 - 180
Near South Central 0 - 100
East 100 - 180
Far South 0 - 100
Central 180 - 260
Central 260 - 340
Central 260 - 340
East 0 - 100
Far South 180 - 260
View all Construction Projects

National Apartment Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Apartment Rankings (Q1 2013)

Based on 275 U.S. Markets
Value:
109. Yuba, CA 3.8%
110. Chattanooga, TN 3.9%
111. Cincinnati, OH 3.9%
112. Denver, CO 3.9%
113. Albuquerque, NM 4.0%
114. Austin, TX 4.0%
115. Green Bay, WI 4.0%
116. Houma, LA 4.0%
117. Suburban Maryland, MD 4.0%
118. Tacoma, WA 4.0%
119. Abilene, TX 4.1%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Austin -0.5% 571 bps 2.2%
Southwest Region 0.8% 664 bps 1.9%
United States 0.9% 485 bps 1.0%
Metro vs. Region -1.3% -93 bps 0.4%
Metro vs. US -1.4% 86 bps 1.2%