Apartment Trends Magazine August 2014 | Page 35

Quarter

09 Q1

09 Q2

09 Q3

09 Q4

10 Q1

10Q2

10Q3

10Q4

11Q1

11Q2

11Q3

11Q4

12Q1

12Q2

Metro Denver Vacancy & Rent Report

12Q3

12Q4

13Q1

13Q2

13Q3

13Q4

14Q1

Vacancy
Rate

8.4%

9%

7.4%

7.7%

6.5%

6.1%

5.3%

5.5%

5.5%

4.8%

4.9%

5.4%

4.9%

4.8%

4.3%

4.9%

4.6%

4.2%

4.4%

5.2%

Average
Rent

$881.92

$870.37

$880.99

$875.39

$877.16

$899.95

$912.68

$905.77

$911.41

$915.08

$936.46

$932.24

$952.60

$979.80

$986.42

$978.99

$992.89

$1,022.33

$1,048.63

$1,041.61

$1,073.63

EXECUTIVE SUMMARY • 2ND QUAR TER 2014
10%

Vacancy Rate

$1,150

9%

4.7%

$1,100

8%

Last Quarter: 5.1%

$1,050

7%

Average Rent

6%

$1,000

5%

$1,117.12
Last Quarter: $1,073.63

$950

4%
3%

Average per sq. ft.

$900

2%

$1.32

$850

1%

Last Quarter:$1.27

0%

09 Q1

Discount / Concessions

10 Q1

11Q1

12Q1

Bar: Average Rent (in dollars)

Line: Percent Vacant

13Q1

14Q1

$800

PREV. YEAR

County Overview

9.3%

Last Quarter: 6.9%

1
Vacancy Rate

Average Rent

Rate (/sq. ft.)

Economic Vacancy

Adams

4.5%

$1,024.07

$1.24

14.0%

Arapahoe

4.6%

$1067.01

$ ĸ