Suburban Dallas Apartment Market - What's new in the Market
Employment Changes
Employment Addition: 400
EmployerAddition (Jobs)Reporting Date
Amazon40004/2015

Employment Reduction: 0

 

Labor Force Data
Employment Labor Force (Thousands - 000)
Industry2014
Jan
2014
Feb
2014
Mar
2014
Apr
2014
May
2014
Jun
2014
Jul
2014
Aug
2014
Sep
2014
Oct
2014
Nov
2014
Dec
2015
Jan
Year Change
Total Nonfarm2,252.82,245.22,242.02,257.32,272.22,287.12,293.92,301.62,307.02,321.42,333.92,348.42,346.34.2 %

 

Source: U.S. Bureau of Labor Statistics:
Metro Division(s): Dallas-Plano-Irving

 


Population - Most Recent Reporting Year
Change
YearPopulation (000)Number(000)Percentage
20103,4481334.0%

Population - Prior Years
Change
YearPopulation (000)Number(000)Percentage
20063,31536112.2%
20002,954--
Source: U.S. Census. Figures for combined counties: Dallas, Denton, Ellis, Hunt, Kaufman and Rockwall
No recent activity to report.
Rental Market
Rental Rates - Winter, 2015
Unit TypeLowHighAvg
One Bedroom$360$2,346$786
Two Bedroom/Two Bath$525$4,368$1,066
Sale Activity
Completed Sales - Sixty Days
# Properties# Units
71321
Completed Sales - Year-To-Year
Period Change
2013/2014 2014/2015 Number Percent
Completed Sales* 53 51 -2 -4%

* Sales reported are among properties 50 units and larger.
2013/2014 = (27 Apr 2013 - 26 Apr 2014)
2014/2015 = (27 Apr 2014 - 26 Apr 2015)
New Construction
Properties Under Construction24
Units Under Construction6599
Construction Starts, Last 30 days1
Construction Completions, Last 30 days0
Broker Sales
Broker(s)HFF
Roberto Casas
214-265-0880
PropertyTimberlinks at Denton
Sale DateJanuary, 2015
No. of Units480
Sales Price$48.8mm

Broker(s)Greysteel Company
Boyan Radic
817-406-3261
PropertyPecan Way
Sale DateFebruary, 2015
No. of Units304
Sales Price$6mm

Broker(s)Berkadia
Jay Gunn
972-458-4589
PropertyBurn Brae
Sale DateFebruary, 2015
No. of Units282
Sales Price$17.4mm