Home > Market Updates, multifamily, Uncategorized > Houston Multifamily Property Asking Price Index

Houston Multifamily Property Asking Price Index

The average asking price for multifamily properties in the metro area for the month was $37,099 per unit.

This shows a drop of 7.3% year-over-year, and a decline of 1.2% from the end of the fourth quarter of 2011.

This month, asking prices for multifamily properties are at their lowest in three years.

Prior to this, the record three-year low was last month at $37,535.

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