Welcome to the November 2019 edition of the JBGoodwin leasing report, direct from the Austin MLS®. Have a look at our latest infographic below.
Early indications point toward upward movement in Austin's leasing market. Demand is up slightly over 2018, with rental prices up 4% so far this year. Supply remains down with just 400 units available across the city.
Key stats to look out for:
- Total leases are up 1%
- Single-family home leases are down 13%
- Price per square foot remains level at $1.13 / sq ft.
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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