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 - Fall, 2014
Unit TypeLowHighAvg
One Bedroom$355$1,754$765
Two Bedroom/Two Bath$470$3,531$1,040
Sale Activity
Completed Sales - Sixty Days
# Properties# Units
3440
Completed Sales - Year-To-Year
Period Change
2012/2013 2013/2014 Number Percent
Completed Sales* 57 38 -19 -33%

* Sales reported are among properties 50 units and larger.
2012/2013 = (19 Dec 2012 - 18 Dec 2013)
2013/2014 = (19 Dec 2013 - 18 Dec 2014)
New Construction
Properties Under Construction16
Units Under Construction4457
Construction Starts, Last 30 days0
Construction Completions, Last 30 days0
Broker Sales
Broker(s)Rowan Properties
Mike Burch
469-619-0630
PropertyLoma del Rey
Sale DateSeptember, 2014
No. of Units160
Sales Price$8.3mm

Broker(s)Apartment Realty Advisors
Richard Furr
972-420-3103
PropertyParkridge Place
Sale DateOctober, 2014
No. of Units536
Sales Price$NA