Austin Leasing Statistics - October 2019

Posted by The JBGoodwin Team on Monday, October 21st, 2019 at 10:07am.

Join us and get up to date on Austin's thriving rental market. JB Goodwin is happy to present our Austin Leasing Statistics Report for October 2019, compiled from data from our agents and the Austin MLS®.

The trends call for more of the same - if you're looking for a rental space yourself, the supply is dwindling, if you're looking to rent out your place - great! Demand continues rise and your place will likely be filled within a month. Rental rates are also up 3%.

Noteworthy stats to look out for:

  • Total leases remain level
  • Single-family home leases are down 20%
  • Price per square foot remains level at $1.19 / sq ft.
Looking for a rental or help leasing out your property? Reach out to one of our local agents who can give you expert advice!

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