Conventional Properties |
Jan 2021 |
Annual Chg |
Occupancy |
89.9 |
+ 0.6 % |
Unit Change |
6,018 |
|
Units Absorbed ( Annual ) |
6,540 |
|
Average Size ( SF ) |
848 |
0 % |
Asking Rent |
$ 1,054 |
+ 1.9 % |
Asking Rent per SF |
$ 1.24 |
+ 1.8 % |
Efective Rent |
$ 1,024 |
+ 1.5 % |
Efective Rent per SF |
$ 1.21 |
+ 1.5 % |
% Ofering Concessions |
43 % |
+ 12.1 % |
Avg . Concession Package |
5.9 % |
+ 1.9 % |
% of |
# |
# |
Avg |
Average Rent |
Rent Concessions |
||||
Property Type |
Market |
Props |
Units |
Occ . |
SF |
Mkt |
Ef |
Props Ofering |
Avg Package |
Conventional |
79 % |
987 |
186,211 |
89.9 % |
848 |
$ 1,054 |
$ 1,024 |
43.4 % |
5.9 % |
Afordable |
15 % |
269 |
34,193 |
91.0 % |
920 |
$ 847 |
$ 839 |
13.6 % |
5.8 % |
Senior Living |
5 % |
115 |
10,590 |
74.7 % |
862 |
$ 1,713 |
$ 1,700 |
15.0 % |
4.5 % |
Student Housing |
2 % |
21 |
4,107 |
78.5 % |
1,098 |
$ 1,706 |
$ 1,688 |
22.2 % |
5.2 % |
Totals |
1,392 |
235,101 |
|||||||
Occupancy Annual Change |
Jan-21 |
Change |
East of Downtown - Inside Loop |
82.3 % |
44.9 % |
Southwest - Lackland |
91.8 % |
8.2 % |
Northwest - Helotes - Grey Forest |
92.1 % |
7.3 % |
South Central |
90.1 % |
6.4 % |
Stone Oak - Sonterra |
86.1 % |
3.0 % |
Efective Rent ains |
Jan-21 |
Change |
Kerrville |
$ 940 |
13.3 % |
Boerne - Comfort |
$ 1,165 |
6.7 % |
Seguin |
$ 1,019 |
5.3 % |
Windcrest - Converse - Randolph |
$ 893 |
4.7 % |
Southwest - Lackland |
$ 779 |
4.1 % |