Austin Real Estate - Austin Rental Market http://www.txaustinhomes.com/blog/ Austin Investment Weblog en Serendipity 1.1.2 - http://www.s9y.org/ Sun, 25 Mar 2007 23:44:20 GMT http://www.txaustinhomes.com/blog/templates/txaustin/img/s9y_banner_small.png RSS: Austin Real Estate - Austin Rental Market - Austin Investment Weblog http://www.txaustinhomes.com/blog/ 100 21 Austin Texas Real Estate - Rental Market Update February 2007 http://www.txaustinhomes.com/blog/archives/1-Austin-Texas-Real-Estate-Rental-Market-Update-February-2007.html Austin Investing Austin Real Estate Austin Rental Market http://www.txaustinhomes.com/blog/archives/1-Austin-Texas-Real-Estate-Rental-Market-Update-February-2007.html#comments http://www.txaustinhomes.com/blog/wfwcomment.php?cid=1 0 http://www.txaustinhomes.com/blog/rss.php?version=2.0&type=comments&cid=1 nospam@example.com (Alexander Stross) <div class="entry"><p>The Austin Rental Market continues to show steady improvement for landlords. Average and Median rents for single family homes are up about 5% from Feb of last year. Median Days on Market dropped 7.8% to 47 days, meaning half of all homes leased through the Austin MLS took longer than 47 days, and half took less than 47 days to lease.</p><p /><p><code></code></p><table cellspacing="1" cellpadding="1" width="558" border="1"><caption><strong>Austin Leasing Stats Feb 2007<br />Previous Month and Year Comparison <br />All MLS Areas - Houses Only</strong></caption><tbody><tr><td width="130" bgcolor="#ffffcc"> </td><td width="100" bgcolor="#ffffcc"><div align="center"><strong>Jan 2007</strong></div></td><td width="100" bgcolor="#ffffcc"><div align="center"><strong>Feb 2007</strong></div></td><td width="100" bgcolor="#ffffcc"><div align="center"><strong>Feb 2006 </strong></div></td><td width="100" bgcolor="#ffffcc"><div align="center"><strong>Yr % Change </strong></div></td></tr><tr><td width="130" bgcolor="#ffffcc"># Leased </td><td width="100"><div align="center">594</div></td><td width="100"><div align="center">606</div></td><td width="100"><div align="center">601</div></td><td width="100"><div align="center">1%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Avg List Price </td><td width="100"><div align="center">$1239</div></td><td width="100"><div align="center">$1262</div></td><td width="100"><div align="center">$1207</div></td><td width="100"><div align="center">4.6%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Median List Price </td><td width="100"><div align="center">$1150</div></td><td width="100"><div align="center">$1150</div></td><td width="100"><div align="center">$1100</div></td><td width="100"><div align="center">4.5%</div></td></tr><tr><td width="130" bgcolor="#ffffcc"><strong>Avg Leased Price </strong></td><td width="100"><div align="center"><strong>$1235</strong></div></td><td width="100"><div align="center"><strong>$1250</strong></div></td><td width="100"><div align="center"><strong>$1194</strong></div></td><td width="100"><div align="center"><strong>4.7%</strong></div></td></tr><tr><td width="130" bgcolor="#ffffcc"><strong>Med Leased Price </strong></td><td width="100"><div align="center"><strong>$1145</strong></div></td><td width="100"><div align="center"><strong>$1150</strong></div></td><td width="100"><div align="center"><strong>$1095</strong></div></td><td width="100"><div align="center"><strong>5.0%</strong></div></td></tr><tr><td width="130" bgcolor="#ffffcc">Avg Size SQFT </td><td width="100"><div align="center">1876</div></td><td width="100"><div align="center">1834</div></td><td width="100"><div align="center">1818</div></td><td width="100"><div align="center">1%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Median SQFT </td><td width="100"><div align="center">1771</div></td><td width="100"><div align="center">1766</div></td><td width="100"><div align="center">1732</div></td><td width="100"><div align="center">2%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Avg $ per SQFT </td><td width="100"><div align="center">$0.66</div></td><td width="100"><div align="center">$0.68</div></td><td width="100"><div align="center">$0.66</div></td><td width="100"><div align="center">3%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Avg Days on Mkt </td><td width="100"><div align="center">61</div></td><td width="100"><div align="center">61</div></td><td width="100"><div align="center">60</div></td><td width="100"><div align="center">1.7%</div></td></tr><tr><td width="130" bgcolor="#ffffcc">Median Days on Mkt </td><td width="100"><div align="center">50</div></td><td width="100"><div align="center">47</div></td><td width="100"><div align="center">51</div></td><td width="100"><div align="center">-7.8%</div></td></tr></tbody></table><p /><p /></div> Sun, 25 Mar 2007 18:10:30 -0500 http://www.txaustinhomes.com/blog/archives/1-guid.html