Austin Apartment Long Term Trends – 1930 to 2015

Posted on: Friday, January 22nd, 2016, under Market Analytics, Open Data, Thought Leadership, Uncategorized.

Mark Daniel by Mark Daniel, Vice President of Partner Relations at RealMassive, A.B. Economics Stanford University
 

In the 30s, 40s, and 50s virtually all of the multifamily activity was near downtown or the university, and the average apartment contained only 14 units (viewed below as a heat map, then as property specific points.

Blog1

Blog2

Blog3

In subsequent decades multifamily construction moved further and further from the urban core and property sizes grew, both trends peaking in the 1990s as show below.

Blog4

The following decade saw a dramatic shift back toward the urban core.

Blog5

This trend has become even more pronounced in the years since 2010.

Interested in viewing an animation of the entire progression by decade? View 1930 to 2015!

This data was compiled using tax records as made available by the Travis Central Appraisal District. Similar visualizations would be possible for office, industrial, and retail.

 

Maps provided courtesy of Project Atlas. Click Here for more information on how you can use Project Atlas, or send an email to Project-Atlas@RealMassive.com.