Austin Leasing Statistics
November 2017
Despite demand more than doubling between 2016 and 2017, the base price for a lease in Austin has remained relatively flat, which is great for both renters and landlords. Since 2013 the rate of apartment occupancy has been on a steady decrease, which is a trend that continued in 2017. That being said, landlords can expect that listing their apartment for lease with JB Goodwin means that their property has the greatest opportunity to be occupied.
- Demand has risen 8.5% in 2017
- Price has remained steady for 2017
- JB Goodwin listings have been on the market 5 days less than the MLS average
- 3,000 fewer apartments between 2016 and 2017 (to date)
Are you a landlord looking to have your rental property listed and occupied quickly? If so, contact the professionals at JB Goodwin.
Posted by Mary Ann Castro on
Leave A Comment