Dallas Area Residential Sales Report for February – Rentals

Dallas Area Residential Sales Report for February – Rentals

83b6f-for2brent2

This report covers rental of single-family, condos, and townhomes

New leases rose 5% in February compared to last year at this time. Pending leases were down 2%. The average rental rate rose 4% and the median rate increased 2%. The number of new listings came in 8% higher while the number of active listings was up 7%. If you are looking to lease a property you have a little better selection to choose from.

By the way, I represent renters. If you are looking to rent, give me a call at 972-816-5197.

Rentals: 3,370

Average Rental Rate: $1,793

Median Rental Rate: $1,650

Pending Leases: 1,949

New Listings: 3,619

Active Listings: 5,145

Information provided by The Real Estate Center

#rent #leasing #Dallas

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.