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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 7.2% ... Charleston 8.3% ... Charlotte 6.2% ... Chattanooga 7.9% ... Columbia 8.2% ... Gainesville 7.0% ... Greensboro/WS 8.3% ... Greenville/SPG 6.8% ... Jacksonville 9.7% ... Myrtle Beach 10.3% ... Nashville 5.0% ... Norfolk/VaBeach 7.3% ... Orlando 5.6% ... Raleigh/Durham 5.5% ... Richmond 6.9% ... Roanoke 5.2% ... Savannah 5.6% ... Tallahassee 9.4% ... Tampa Bay 6.6% ... Wilmington 6.2%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $839 ... Charleston $842 ... Charlotte $842 ... Chattanooga $771 ... Columbia $813 ... Gainesville $940 ... Greensboro/WS $699 ... Greenville/SPG $721 ... Jacksonville $783 ... Myrtle Beach $768 ... Nashville $833 ... Norfolk/VaBeach $925 ... Orlando $907 ... Raleigh/Durham $868 ... Richmond $876 ... Roanoke $710 ... Savannah $842 ... Tallahassee $977 ... Tampa Bay $875 ... Wilmington $760
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What's Happening

  • Expanded the historical trends and enhanced the submarket analysis.


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    Wilmington, NC

    Wilmington Map

    Apartment Community (Submarket)

    BIRCH POND (-BRUNSWICK)
    CARDINAL POINTE (-BRUNSWICK)
    EGRET CROSSING (-BRUNSWICK)
    EGRET POINTE (-BRUNSWICK)
    HUNTERSTONE (-BRUNSWICK)
    AVALON (-NORTH)
    BERKSHIRE AT PECAN GROVE (-NORTH)
    BIRCHWOOD PARK (-NORTH)
    BRIARCLIFF VILLAS (-NORTH)
    CAMPUS EDGE (-NORTH)
    CAPE HARBOR (-NORTH)
    CLEAR RUN (-NORTH)
    COLONIAL PARKE (-NORTH)
    CYPRESS POINTE (-NORTH)
    CYPRESS POND @ PORTERS NECK (-NORTH)
    DEERBROOK (-NORTH)
    FOREST HILLS (-NORTH)
    GLEN (-NORTH)
    GREENTREE (-NORTH)
    LENNON WOODS (-NORTH)
    LOFTS (-NORTH)
    MCMILLAN OAKS (-NORTH)
    MERIDIAN VILLAGE (-NORTH)
    MILL CREEK (-NORTH)
    NEW CENTRE COMMONS (-NORTH)
    PARK AT THREE OAKS (-NORTH)
    PINEWOOD (-NORTH)
    QUAD (-NORTH)
    RESERVE AT FOREST HILLS (-NORTH)
    RESERVE AT MAYFAIRE (-NORTH)
    TWINWOOD (-NORTH)
    VILLAS AT MURRAYVILLE (-NORTH)
    WIMBLEDON CHASE (-NORTH)
    ANTIQUA (-SOUTH)
    BARCLAY PLACE (-SOUTH)
    CANTERBURY WOODS (-SOUTH)
    CHATEAU TERRACE (-SOUTH)
    CYPRESS GROVE (-SOUTH)
    GOVERNOURS SQUARE (-SOUTH)
    KEYS AT 17TH STREET (-SOUTH)
    MANDELINE PLACE (-SOUTH)
    OSPREY LANDING (-SOUTH)
    POINT SOUTH (-SOUTH)
    TESLA PARK (-SOUTH)
    VETERANS PARK COMMONS (-SOUTH)

     

    Updated November 1, 2012


    Orlando

    A construcion boom is underway in the Orlando area concentrated in the Downtown and Southwest areas. Overall occupancy, rent growth and demand remain healthy.



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    Greensboro/WS

    Demand continues to be strong in the Greensboro-Winston Salem market with nearly 3,000 units absorbed in the past two years leading to a vacancy of 8.3%, which is historically low for this market.

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    Charleston

    Although development activity is increasing, demand and rent growth were flat over the past six months pusing occupancy levels lower.

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    Gainesville

    Strong demand coupled with a slow development pipeline has led to a vacancy rate at 7.0%. Rent growth has been strong as well with 3% annualized growth in the past two years.

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    Richmond

    Demand has kept pace with the growing new supply. Development activity remains concentrated in the central core of the city where more than half of all development activity is occurring.

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