Dallas Area Residential Sales Report for April – Rentals

Dallas Area Residential Sales Report for April – Rentals

rental prices climbing!

Leases rose 5% in April. Pending leases increased 6%. The average rental rate was 19% 14% higher than last April while the median rate went up 16%.  New listing climbed 19%. The number of active listings jumped  32%. The average days on market is 28.

Leases: 3,347

Average Rate: $2,369

Median Rate: $2,200

Pending Leases: 2,146

New Listings: 3,943

Active Listings: 2,997

 

 

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 )

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.