SAN ANTONIO MARKET INFORMATION
San Antonio, TX
End of March, 2018
General Overview
Occupancy Mar
2018
88.7
Unit Change 4,322
Units Absorbed (Annual) 4,727
Conventional Properties
Average Size (SF)
Annual Chg
+0.6%
845 +0.5%
Asking Rent $974 +2.4%
Asking Rent per SF $1.15 +1.9%
Efective Rent $950 +2.2%
Efective Rent per SF $1.12 +1.7%
% Ofering Concessions 35% +2.0%
Ave. Concession Package 6.3% +6.8%
Market Breakdown
Property Type
# Units Occ. Avg SF Avg Mkt Rent Avg Ef Rent Avg % Discount
Conventional
% of Market # Properties
83% 877 168,021 89.0% 845 $974 $950 6.2%
Afordable 12% 153 23,929 92.8% 897 $761 $758 5.7%
Senior Living 4% 68 7,266 85.6% 863 $1,501 $1,489 3.2%
Student Housing 2% 19 3,951 89.1% 1,198 $1,819 $1,814 2.1%
1,117 203,167
Totals
Top 5 Submarkets
Occupancy Annual Change
Mar-18 Change
South Central 90.9% 17.4%
La Cantera - Dominion - The Rim - Camp Bullis 75.0% 4.6%
Northeast - Universal City - Live Oak - Shertz 92.6% Stone Oak - Sonterra Seguin
Efective Rent ains
Mar-18 Change
$964 8.4%
Downtown - Riverwalk - King William $1,419 7.5%
4.6% Greater New Braunfels $1,155 4.8%
92.7% 3.3% Marymont - San Antonio Airport $802 4.4%
92.9% 2.3% Kerrville $801 4.2%
Seguin
New Units
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NATIONWIDE MULTIFAMILY DATA
www.saaaonline.org | May/June 2018
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