Wednesday, 8 November 2017

Avondale, AZ and Coldwater Springs Subdivision Rental Prices and Rental Data 2013-2017

Over the last 5 years (2013-2017), property rental prices in Avondale and Coldwater Springs have shown a nice increase. Also, Avondale rental property and Coldwater Springs rental property inventories have decreased substantially from 2013-2017.


Coldwater Springs is a subdivision that is roughly located south of I-10 and north of Lower Buckeye Road. Coldwater Springs is east of the Agua Fria River Rd. and west of Avondale Road. 

The numbers that follow compare full year rental property market data from 2013-2017 in Coldwater Springs and Avondale, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 10-30-2017. 

All figures are taken from closed Coldwater Springs and Avondale, AZ rental property data from the MLS from 2013-2017 and only include unfurnished single-family home rental properties.









The above charts show good growth for rental home prices in Coldwater Springs and Avondale, AZ from 2013-2017. The inventory in both comparisons also shows a significant decrease.

The rental home price average in Avondale, AZ has a 27% increase in these five years. In Coldwater Springs, the increase in rent in this time frame has been a bit less at 21%.

Rental property inventory on MLS in Avondale, AZ in 2017 is only 42% of 2013’s rental inventory. Coldwater Springs rental property inventory in 2017 is also at 42% of the 2013 rental inventory. 

It is interesting to note in this time frame, the 27% increase in Avondale, AZ is over 4 times greater than Consumer Price Index (6%). 

Wednesday, 1 November 2017

Glendale, AZ and Arrowhead Ranch Subdivision Rental Prices and Data - 2013 to 2017

Over the last 5 years (2013-2017), property rental prices in Glendale and Arrowhead Ranch have shown a significant increase. Also, Glendale rental property and Arrowhead Ranch rental property inventories have decreased substantially from 2013-2017.























The Arrowhead Ranch subdivision is located North of Union Hills & South of Deer Valley as well as West of 59th Ave & east of 79th Ave

The numbers that follow compare full year rental property market data from 2013-2017 in Arrowhead Ranch and Glendale, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 10-30-2017. 

All figures are taken from closed Arrowhead Ranch and Glendale, AZ rental property data from the MLS from 2013-2017 and only include unfurnished single-family home rental properties.












The above charts show good growth for rental home prices in Arrowhead Ranch and
Glendale, AZ from 2013-2017. The inventory in both comparisons also shows a significant decrease.

The rental home price average in Glendale, AZ has a substantial 49% in these five years. In Arrowhead Ranch, the increase in rent in this time frame has been a more modest 16%.

Rental property inventory in Glendale, AZ in 2017 is only 46% of 2013’s rental inventory. Arrowhead Ranch’s number of closed listings in 2017 is 43% of the 2013 closed listings.

It is interesting to note in this time frame, the 49% increase in Glendale, AZ is over 8 times greater than Consumer Price Index (6%). 



Monday, 23 October 2017

Phoenix Property Management - Case Study Rental Statistics Peoria, AZ


Saturday, 21 October 2017

Top 10 Rental Property Subdivisions In Peoria - YTD 2017

RPM West Valley analyzed rental property statistics in the 67 main subdivisions in Peoria, AZ. We identified the top 10 rental property areas in Peoria, AZ for rent closing volume and rent price.

Although we found great balance within this city from a rental property numbers standpoint, there were 10 subdivisions that had double digit rental property closings in 2017. The numbers that follow are the rental property subdivisions and the number of properties that rented within them Year To Date for 2017:

Peoria, AZ - number of closed Rental property transactions for 2017 = 733

Vistancia – 52
Fletcher Heights – 44
West Wing Mountain – 31
Sonoran Mountain Ranch- 24
Dove Valley Ranch- 22
Terramar- 20
Casa Del Rey-  17
Country Meadows- 14
Springer Ranch- 13
Parkridge- 10

The Top 10 Rental property markets in Peoria represent 34% of the closed Rental Property transactions in Peoria, AZ for 2017. The remainder was spread out among the other Peoria subdivisions.


Here is the closed rental property price list for YTD 2017 in the top 10 Peoria, AZ rental property subdivisions.

West Wing Mountain - $2046
Sonoran Mountain Ranch - $1772
Terramar - $1740
Vistancia - $1715
Fletcher Heights - $1546
Dove Valley Ranch - $1519
Parkridge- $1460
Casa Del Rey - $1386
Springer Ranch - $1215
Country Meadows - $1038




Friday, 13 October 2017

Surprise, AZ and Greer Ranch Subdivision Rental Prices and Data - 2013 to 2017

Over the last 5 years (2013-2017), property rental prices in Surprise and Greer Ranch have shown a significant increase. Also, Surprise rental property and Greer Ranch rental property inventories have decreased substantially from 2013-2017.


Greer Ranch is a subdivision is located south of Grand Avenue and 83rd avenue. It is east of Reems Rd. and west of Sarival Ave. It is north of Peoria Ave and west of Cactus Rd. 

The adjacent Surprise subdivisions to Greer Ranch are Rancho Gabriela, Twelve Oaks Estates and Sycamore Farms. 

The numbers that follow compare full year rental property market data from 2013-2017 in Greer Ranch and Surprise, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 9-30-2017. 

All figures are taken from closed Surprise and Greer Ranch rental property data from the MLS from 2013-2017 and only include unfurnished single-family home rental properties











The above charts show good growth for rental home prices in Surprise and Greer Ranch from 2013-2017. The inventory in both comparisons also shows a significant decrease.

The rental home price average in Surprise, AZ has increased about 22% in these five years. In Greer Ranch, the increase in rent in this time frame has been 25%.

Rental property inventory in Surprise, AZ has decreased 40% from 2013 to 2017 and rental inventory is down 50% in the Greer Ranch subdivision.

It is interesting to note in this time frame, the 22% increase in Surprise, AZ rent prices has outperformed the Consumer Price Index (6%) by over 2 1/2 times


Friday, 6 October 2017

Peoria, AZ and Fletcher Heights Subdivision Rental Prices and Data - 2013 to 2017

Over the last 5 years (2013-2017), property rental prices in Peoria and Fletcher Heights have shown a significant increase. Also, Peoria rental property and Fletcher Heights rental property inventories have decreased substantially from 2013-2017.


Fletcher Heights is a subdivision located roughly north and south of Deer Valley Road and east and west of 83rd avenue.

The numbers that follow compare full year rental property market data from 2013-2017 in Fletcher Heights and Peoria, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 9-30-2017. 

All figures are taken from closed Peoria and Fletcher Heights rental data from the MLS from 2013-2017.

The rental property data we display in this Peoria and Fletcher Heights rental property study only include closed, unfurnished single-family home rental properties.



The above charts show good growth for rental home prices in Peoria and Fletcher Heights from 2013-2017. The inventory in both comparisons also shows a significant decrease.

Rental home price average in Peoria, AZ has increased about 16% in these five years. In Fletcher Heights, the increase in rent in this time frame has been 15%.

Rental property inventory in Peoria, AZ has decreased 38% from 2013 to 2017 and rental inventory is down 35% in the Fletcher Heights subdivision.

It is interesting to note in this time frame, the 16% increase in Peoria rent prices has outperformed the Consumer Price Index (6%) by over 2 1/2 times.

Tuesday, 26 September 2017

Phoenix Property Management - Phoenix Property Managers Remind Owners and Tenants to Prepare Your Property for Fall



As the cooler weather approaches, it’s time to perform some property maintenance to ensure your Phoenix investment property is as prepared for the change in weather as you are. Your Phoenix property management team has a few tips to help you through this seasonal maintenance.

Seasonal Maintenance Tips from the Leading Phoenix Property Management Company


With summer winding down quickly, we recommend some basic services to protect the home and prepare it for colder winter air:
1.     Avoid expensive repairs by cleaning or replace AC filters & remove build up on fans.
2.     Step outside for a breath of fresh air … and enjoy the fall landscaping. Fertilization, pruning, and any other lawn care services (such as sprinkler line maintenance) should be completed to keep up the curb appeal of your home.
3.     Start thinking about any major pool maintenance that may need to be done such as an acid wash or a re-plastering as these items need to be done away from the summer heat.
4.     Got a fireplace? Time for a chimney sweep! Get it in clean working order so tenants can be comfortable and your property safe all season long.

Phoenix Property Managers Are Not Alone in Maintenance Responsibilities!

As a "do it yourself" Phoenix Landlord you do have obligations to keep the property well-maintained; your tenants do as well. Here are a few seasonal items they are responsible for:
1.     Take care of any safety hazards. Any items that pose an accident such as bulky carpets or loose hand railings should be fixed.
2.     Check electrical sockets in use to ensure they are not warm to the touch.
3.     Inspect fire extinguishers to confirm they are properly charged.
4.     Check any alarms throughout the home and install fresh batteries.
5.     Review household safety and emergency plans; locate gas and water shut off valves.
6.     Clean/replace filters and vents as needed and vacuum under all appliances.
7.     Change furnace filters on a monthly basis.
8.     Ensure all doors and windows shut tightly.
9.     Clean all drains and traps to ensure proper drainage.
10.  Tidy up outside by storing hoses and similar items.

As a Phoenix property management company, we work with tenants to get your investment property ready for any season. It is a priority to help you keep your home and tenants protected by performing seasonal maintenance duties. If you are not up to performing maintenance on your own, contact the leading Phoenix property managers to assist you!

For all Phoenix Real Estate & Phoenix Property Management Needs Contact;
RPMWV Phx
623-748-7800
info@rpmwvphx.com
www.rpmwvphx.com