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Austin News


Real Estate Numbers You Need to Know June 2011!

 

Call 512-577-2678 To Get Set Up With The Right Financing So You Can Start Looking For Your Next Home!!!

 


 

We know where the HOT deals are in apartments and homes!

 

Rocky & Lindsay At JB Goodwin, Realtors Are Getting Homes Leased

   A WHOLE WEEK FASTER Than The MLS Average!!

 

   We Save Investors Like You Time, Money & We'll Stay In Close  

                       Communication With You Through The Entire Process!!!

 

 

 

Total Lease Properties

Homes/Condos  /Multi-Families

Median

Price

Price per

Foot

Single Family

Homes for Lease

Median

Price

Price per

Foot

Total Leases

2009

vs.

2010

Total Leases

2010

vs.

2011


2010

1,584

$1,150

.87

702

$1,450

.90

14,282

2009

2,368

2010

Jan/Feb


2011

1,216

$1,295

.94

676

$1,400

.91

15,380

2010

2,314

2011

Jan/Feb

% ^

-23%

+13%

 

-4%

-4%

 

+8%

-2%

 

Day On the Market for Lease:    (Oct – March 1, 2011)

Total MLS                 = 38 Days

JBGoodwin               = 31 Days

 JBGoodwin, Realtors Gets Properties Leased 7 Days Quicker

 

Than The Average MLS Lease Listing.
 
 
       That's ONE WEEK Extra Rental Income For Investors &
       Landlords.

 


In 2010 The JB Goodwin Company Leased 16% Of The Total MLS Leases.

 

Total Leased Properties Year To Date 2011 Is 2,314 Of Which 1,427 Were Single Family Homes. In Other Words 62% Of The Properties Leased Though The MLS Were Single Family Homes.

      That Means The Demand Is HIGH For Single Family
Home Rentals.

 

 

Apartment Occupancy:

June – 2009                   89.5 %

December - 2009            90.4%

June – 2010                   92.4%

               December – 2010          93.6%

 

Summer 2011                     Projecting     96%

 

10,895      New Apartments Were Added In 2009                                 

 3,227        New Apartments were added in 2010     
 
 
              800           New Apartments projected for 2011 
 

 

 

Sources:

Texas Real Estate Center                http://recenter.tamu.edu/Data/hs/hs140b.htm  

Multiple Listing Service  

REALTOR.com                                   http://www.realtor.org/

MetroStudy Austin                           http://www.metrostudy.com/view_market.php?id=10

MPF Research Greg Willett            http://www.realpage.com/market-research/mpf/

 

 

 


 

 

 


 

 

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