Monday, 27 August 2018

Real Property Management Phoenix (WV) Discusses A Little About Peoria; Rental Figures for 85381

Real Property Management Phoenix (WV) studied the 85381, Peoria AZ zip code as well as the entire City of Peoria Rental statistics.

Peoria is located about 30 minutes northwest of downtown Phoenix. It is home of Lake Pleasant and is  a rapidly-growing, modern city that offers a high quality of living. The 85381 zip code boundaries are located to the west of 67th Avenue, east of 95th Avenue and  North of Cactus and East of Greenway.

All of Real Property Management Phoenix (WV) rental market figures for the 85381 zip code as well as the City of Peoria were taken from closed rental data from the Arizona MLS from 2015-2018 (Year to Date).

Below is the data compiled by Real Property Management (WV); the City of Peoria appears to be a close match in numbers to the 85381 zip code.



Year
Location
# of Props
Avg. Rent
Avg. DOM
2015
Peoria
1071
$1,295
27
2016
Peoria
871
$1,350
24
2017
Peoria
887
$1,400
25
2018
Peoria
535
$1,495
24
Year
Location
# of Props
Avg. Rent
Avg. DOM
2015
85381
115
$1,290
24
2016
85381
85
$1,350
21
2017
85381
98
$1,375
22
2018
85381
44
$1,445
18
                                                


Reviewing the data from Real Property Management Phoenix (WV); the average rental price increase from 2015 - 2018 for the zip code of 85381 was 12% as compared to the average increase for the same time period for the City of Peoria was about 15% which is quite a bit more. The average days on market is lower in the zip code of 8581 at only 18 days versus 24 days in the rest of the City.  

In Real Property Management Phoenix (WV) conclusion is that the 85381 zip code is an excellent one for a rental properties.


A little about Peoria, Arizona... 

  • The City of Peoria's Population was approximate 164,173 in 2016 
  • Peoria is Ranked 7th on America’s Best Cities to Live per Yahoo Finance
  • Was voted #36 Healthiest US Cities to live in 2017

  • Peoria is home to Lake Pleasant Regional Park an oasis in the desert. The 23,000 acre park is home to two marinas and is a popular spot for boating, fishing, water skiing, kayaking, camping, and even scuba diving!

  • Lake Pleasant ranked which was the 6th Most Visited Natural Attraction in Arizona in 2017 



For all of your Phoenix Real Estate & Phoenix Property Management Needs Contact:
Real Property Management Phoenix (WV)
www.rpmwvphx.com
info@rpmwvphx.com 

602-358-8130

Monday, 13 August 2018

Manage My Home Recent Podcasts Discuss the Phoenix Rental Market in Avondale - Phoenix Property Management





Listen in to our latest podcast in which we compare the 85392 Avondale rental market to Crystal Gardens, Avondale.


For all of your Phoenix Real Estate & Phoenix Property Management Needs Contact:
Real Property Management Phoenix (WV)
www.rpmwvphx.com
info@rpmwvphx.com
602-358-8130

Sunday, 12 August 2018

Real Property Management Phoenix (WV) Discusses the Avondale & Crystal Gardens Subdivision Rental Statistics 2015 - Present

Real Property Management Phoenix (WV) studied the 85392, Avondale AZ zip code as well as the Crystal Gardens Avondale sub division to compare rental statistics.

The 85392 zip code boundaries are located to the south of Indian School, east of Dysart, North of the Papago Frwy and West of 99th Ave. The Crystal Gardens subdivision is located north of McDowell, south of Thomas and west of 107th Ave.

All of Real Property Management Phoenix (WV) rental market figures for the 85392 zip code as well as the Crystal Gardens, Avondale subdivision are taken from closed rental data from the Arizona MLS from 2015-2018.

Below is the data compiled by Real Property Management (WV); the Crystal Gardens subdivision appears to be a close match in numbers to the 85392 zip code.





Reviewing the data from Real Property Management Phoenix (WV); the average rental price for the 85392 zip code increased 19% from 2015-2018 whereas Crystal Gardens increased 26% (a pretty hefty increase!). However the average days on market for the Crystal Gardens zip code has been a bit longer year over year than the 85392 overall average. 


Overall the 85392 zip code is a preferred rental zip code to the 85323 Avondale zip code because it is North of the I-10 freeway which runs directly in the middle of Avondale.

 A little about Avondale, Arizona... 
  • Avondale is located about 17 miles west of Central Phoenix.
  • Avondale has a total area of 41.3 square miles according to the US Census Bureau.
  • The majority of Avondale residents are married with at least a high school diploma.
  • Avondale has ten elementary/middle schools, four high schools, and one community college within the city limits.
  • Phoenix International Raceway (PIR) which seats 67,000 people and hosts two Nascar events each year is located in Avondale.
  • Avondale ranked #5 in the US on the list of "Top 101 cities with the largest population increase from 2000 to 2006 (population 50,000+)".
  • If you are an avid golfer, Coldwater Golf Club offers a challenging 18 holes of Championship golf. Coldwater was voted "Best Course to Play on a Budget"? by the Arizona Republic.
  • Avondale is a rapidly expanding suburb in the Phoenix area that offers beautiful mountain views and is perfect for the outdoor lifestyle.



For all of your Phoenix Real Estate & Phoenix Property Management Needs Contact:
Real Property Management Phoenix (WV)
www.rpmwvphx.com
info@rpmwvphx.com
602-358-8130