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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 6.1% ... Charleston 8.9% ... Charlotte 5.8% ... Columbia 5.0% ... Greensboro/WS 5.2% ... Greenville/SPG 7.9% ... Jacksonville 4.3% ... Nashville 6.6% ... Norfolk/VaBeach 5.2% ... Orlando 3.5% ... Raleigh/Durham 6.0% ... Richmond 4.6% ... Savannah 4.1% ... Tampa Bay 4.1% ... Wilmington 7.0%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,125 ... Charleston $1,159 ... Charlotte $1,115 ... Columbia $992 ... Greensboro/WS $832 ... Greenville/SPG $946 ... Jacksonville $1,003 ... Nashville $1,181 ... Norfolk/VaBeach $1,050 ... Orlando $1,202 ... Raleigh/Durham $1,112 ... Richmond $1,044 ... Savannah $1,018 ... Tampa Bay $1,154 ... Wilmington $1,023
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    Asheville, NC

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    Apartment Community (Submarket)

    GRIFFIN (-CENTRAL)
    GROVE ARCADE (-CENTRAL)
    KENILWORTH INN (-CENTRAL)
    WOODBERRY (-CENTRAL)
    EASTWOOD VILLAGE (-EAST)
    HAW CREEK MEWS (-EAST)
    PARKWAY CROSSING (-EAST)
    RIVER RIDGE (-EAST)
    WILLOW RIDGE (-NORTH)
    ASCOT POINT VILLAGE (-SOUTH)
    AUDUBON PLACE (-SOUTH)
    BELL BILTMORE PARK (-SOUTH)
    BILTMORE PARK TOWN SQUARE (-SOUTH)
    FOREST AT BILTMORE PARK (-SOUTH)
    HAWTHORNE AT SOUTHSIDE (-SOUTH)
    KENSINGTON PLACE (-SOUTH)
    PARK RESIDENCES (-SOUTH)
    PARK SOUTH (-SOUTH)
    RIVER GLENN (-SOUTH)
    SKYLAND HEIGHTS (-SOUTH)
    SOUTH RIDGE (-SOUTH)
    WEIRBRIDGE VILLAGE (-SOUTH)
    BEAR CREEK (-WEST)
    MEADOWS (-WEST)
    VILLAGE CREEK WEST (-WEST)
    WESTMONT COMMONS (-WEST)

     

    Updated March 4, 2013


    Raleigh/Durham

    The Raleigh metro saw strong demand over the past six months, however, it was not enough to outpace new suppply resulting in a higher vacancy rate.



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    Asheville

    New supply has pushed the vacancy rate in Asheville up to 6.1%.

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    Greenville/Spartanburg

    The Greenville/ Spartanburg market recorded its highest demand in over seven years.

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    Jacksonville

    The average rent in Jacksonville surpassed the $1,000 mark for the first time at $1,003 per month.

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    Richmond

    The vacancy rate in Richmond has improved nearly two percentage points over the past year to 4.6%.

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