Well, December 2017 was another wild ride according to the Austin Leasing Statistics.
Between June 2013 and June 2017, the number of apartments that are occupied has dropped four percent exactly. But this is almost definitely because of additional supply coming on to the market.
In fact, between 2016 and 2017, the market saw 600 more units become available for lease, which must have been like music to those searching for a lease as their number grew by a whopping 9%, which was more than double of 2016’s numbers. The trend for those who listed their leasehold property with JB Goodwin REALTORS continued too, with a JB Goodwin property being occupied and closed four days faster than the average property on the MLS.