Dallas Area Residential Sales Report for February – Rentals
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.
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