Take a look at the leasing statistics for July 2019 brought to you by the Austin MLS® - courtesy of the JB Goodwin Team.
This month brings good news for renters! Although the overall supply of rentals is still down from 2018, the number of units available have doubled since May 2019. Austin’s competitive market has certainly eased up this month with the demand for rentals down 2%.
Here are the key statistics for this month’s leasing report:
- Total leases are down 2%
- Total home leases are down 2%
- Median prices are level
- Single-family home leases are down 12%