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<br />Table B-6: Overview of the Pleasanton Rental Housing Market, 3Q2005
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<br />::URRENT MARKET DATA (a):
<br /> Percent Avg. Avg. Avg.
<br />Jnit Tvpe "'umber of Mix Sa. Ft. Rent ~entlSa. Ft.
<br />Studio 40 1.1% 525 $999 $1.90
<br />I BR/1 SA 1,494 39.6% 703 $1,119 $1.59
<br />2: SRl1 SA 401 10.6% 843 $1,269 $1.51
<br />2: BR/1.5 SA 32 0.8% 940 $1,330 $1.41
<br />2: BR/2 SA 1,112 29.5% 1,021 $1,452 $1.42
<br />2: BR Townhouse 417 11.1% 1,145 $1,482 $1.29
<br />1 BR/1.5 SA 34 0.9% 1,071 $1,550 $1.45
<br />3 BR/2 SA 121 3.2% 1.247 $1,893 $1.52
<br />1 BR/3 SA 120 3.2% 1,312 $2,075 $1.58
<br />rotals 3,771 100.0% 901 $1,333 $1.48
<br />A.VERAGE RENT HISTORY:
<br /> 2000-2005 2004-2005
<br />Jnit Type 2000 2004 2005 (b) Chanqe Change
<br />Studio nla $1,024 $999 nla -2.4%
<br />Junior 1 BR $1,231 nla nla nla nla
<br />I SRl1 SA $1,285 $1,137 $1,109 -13.7% -2.5%
<br />2 BR/1 SA $1,447 $1,225 $1,254 -13.3% 2.4%
<br />2: BR/2 SA $1,680 $1,468 $1,442 -14.2% -1.8%
<br />2: BR Townhouse $1,364 $1,188 $1.435 5.2% 20.6%
<br />3 BR/2 SA $1,196 $1,767 $1,900 58.9% 7.5%
<br />A.verage, All Units $1,458 $1,311 $1,320 -9.5% 0.7%
<br />:>CCUPANCY RATE:
<br /> Average
<br />Year Occupancy
<br />2000 97.5% 2.5%
<br />2001 95.5% 4.5%
<br />2002 93.4% 6.6%
<br />2003 93.6% 6.4%
<br />2004 93.9% 6.1%
<br />2005 94.1% 5.9%
<br />~ET ABSORPTION:
<br /> Jnlts Total Occupied Units
<br />Year 3ullt Units Units A.bsorbed
<br />2000 3,671 3,579 55
<br />2001 3,671 3,505 (74)
<br />2002 3,671 3,428 (77)
<br />2003 100 3,771 3,529 101
<br />2004 3,771 3,540 11
<br />A.GE OF HOUSING INVENTORY:
<br /> ~rcent of
<br />Year nventorv
<br />19605 11%
<br />19705 26%
<br />1 980s 47%
<br />19905 11%
<br />20005 5%
<br />Notes: (a) Third quarter of 2005.
<br />(b) Year to date 2005
<br />Sources: Real Facts, Inc., 2005; Bay Area Economics, 2005.
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