Family Office Briefing on research byNewmark·Dec 2, 2024
Austin Multifamily Market Update 3Q24
Austin multifamily market shows signs of recovery in 3Q24 — family offices should consider co-GP opportunities with established operators.
Key Metrics
| Metric | Value |
|---|---|
| Total Occupancy Rate | 92.4% |
| Average Asking Rent | 1564$ |
| Total Inventory | 322608units |
| YTD Deliveries | 22988units |
| YTD Net Absorption | 20229units |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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