Hot off the press! JBGoodwin REALTORS® are proud to present the Austin leasing stats report for December 2019, direct from the Austin MLS®. Take a peek below!
As we enter the last month of the year, we seem to be experiencing a normalizing of the market. Supply is level and demand is tapering off somewhat, registering an increase of just 2% over last year's figures. Rental prices also remain more or less consistent with previous years.
Key stats to look out for:
- Total leases are up 1%
- Total property leases remain level
- Single-family home leases are down 3%
- Median price per square foot remains level at $1.13
Do you have more questions about the state of the Austin rental market? Don't hesitate to contact JBGoodwin REALTORS® online today!
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