For the last six months, the inventory of Wylie ISD rentals grew older while rent per sqft in March 2016 rose for single-family homes in Wylie ISD. The combination of higher rent even with aging inventory of rentals speaks to the appeal of Wylie ISD rentals in the overall Abilene market for … Continue reading...
February 2016 Rental Report
In February, total rent, security deposits and pet deposits for leased single-family Abilene homes rose when compared to the prior month and 12-month average. This overview utilizes NTREIS data on leased properties in Abilene, Texas. This data provides 13 months of data spanning February 2015 to … Continue reading...
January 2016 Rental Report
When compared to the previous 12-month average and January 2014 rents, January 2015 rents showed little variation. January rents were -.4% below the 12-month average and a slight 1.4% better than rent in January from a year ago. This overview utilizes NTREIS data on leased properties in Abilene, … Continue reading...
December 2015 Rental Report
Compared to the 12-month average, single-family homes spent more time on the market in all ZIP codes and districts town wide. This is typical of the market during a period where there are fewer rentals that lease slowly during a time of the year when tenants are less footloose. Homes in 79603 … Continue reading...
November 2015 Rental Report
Compared to October 2015, the average size, the average rent, average security deposits and the average rent per square foot rose on Abilene rentals. During this same period, days vacant for all area rentals increased. This is for an inventory of homes, that for last four months, has held steady at … Continue reading...
October 2015 Rental Report
In October, rent per square foot fell relative to September rents across Abilene. When compared to the preceding year, only single-family homes in ZIP code 79603 saw an increase in rents relative to the 12-month average. The inventory of units leased during October expanded when compared to the … Continue reading...
September 2015 Abilene Area Rental Report
Compared to the 12-month average, September Abilene-area rentals remained steady at a 75¢ per square foot lease rate, but fell by 2¢ from the previous month and gained a penny over September 2014. East-side rent rates in 79601 and 79602 rose from the previous month while rent rates in 79603 and … Continue reading...
August 2015 Abilene Area Rental Data
Wylie ISD homes rented for less per-square-foot than the previous month and were leased at the same pace as single-family homes in the Abilene ISD. To give context, one should note that July 2015 rents saw a 13-month peak in rent-per-square-foot. August’s decrease brings rent-per-square-foot … Continue reading...
July 2015 Rental Report
During July, Abilene rental units were smaller, older and more inexpensive. Compared to June, the average July rental was 44 square feet smaller, $47 more inexpensive and 7 years older. This adjustment moves rent, size and age of properties closer to their 12-month average. While July saw a … Continue reading...
June 2015 Rental Report
Over the past quarter, Abilene rents rose. This three-month trend began in April for both rent per square foot and total rent. Between May to June, a $100 increase in rent was realized for an average-sized home. In part, this increase is explained by two factors: the average home leased in June … Continue reading...