Suburban Dallas Apartment Market - What's new in the Market
Employment Changes
Employment Addition: 0

Employment Reduction: 0

 

Labor Force Data
Employment Labor Force (Thousands - 000)
Industry2012
Dec
2013
Jan
2013
Feb
2013
Mar
2013
Apr
2013
May
2013
Jun
2013
Jul
2013
Aug
2013
Sep
2013
Oct
2013
Nov
2013
Dec
Year Change
Total Nonfarm2,159.92,156.02,152.02,148.02,162.02,174.32,186.62,192.22,198.22,200.02,205.82,210.32,214.32.5 %

 

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$787
Two Bedroom/Two Bath$525$4,368$1,067
Sale Activity
Completed Sales - Sixty Days
# Properties# Units
41078
Completed Sales - Year-To-Year
Period Change
2013/2014 2014/2015 Number Percent
Completed Sales* 55 41 -14 -25%

* Sales reported are among properties 50 units and larger.
2013/2014 = (02 Mar 2013 - 01 Mar 2014)
2014/2015 = (02 Mar 2014 - 01 Mar 2015)
New Construction
Properties Under Construction16
Units Under Construction4553
Construction Starts, Last 30 days2
Construction Completions, Last 30 days1
Broker Sales
Broker(s)Cantrell Company
Sam Pettigrew
972-630-6691
PropertyTelstar
Sale DateDecember, 2014
No. of Units100
Sales Price$3.7mm

Broker(s)Henry S. Miller
Jonathan Krebs, Lane Kommer
972-419-4093
PropertyWilloughby Park
Sale DateDecember, 2014
No. of Units148
Sales Price$4.8mm