Avondale, AZ and Cambridge Estates Subdivision Rental Property Market Comparison January to August 2013 to 2015

On the last post, we took a look at the city of Tolleson, AZ and the Farmington Glen subdivision's 2013 to 2015 pertinent rental market figures.

This week we will take a look at the Avondale rental market and a subdivision in Avondale. 

All figures are taken from closed rental data from the MLS. The break down will focus on the subdivision of Cambridge Estates rental market figures.

We will focus on the rental homes that rented between January and August and break down the resulting rental data by year.The rental property data we look at from Avondale and Cambridge Estates focuses on closed, unfurnished rental properties.

Let's take a look at the Avondale and Cambridge Estates rental property market data.

The rental market numbers Avondale in this study show nice gains as detailed below.

Overall, average rental property prices in both Avondale and Cambridge Estates have increased during this 2013-2015 time period. The average rental home price in Avondale has gone up 10% in three years. In Cambridge Estates, the increase in rent in this time frame has been 11%. 

Rental property inventory decrease in these areas has been pretty drastic with a 48% decrease in Avondale rental property inventory from 2013-2015. In this same time frame, Cambridge Estates rental property inventory has decreased by 45%.

Both the Cambridge Estates subdivision and the Avondale,AZ rental properties show a very sharp drop in the Average Days on Market from 2013 to 2015.  The Cambridge Estate rental homes average days on market was cut in half from 2103 to 2015 and Avondale as a whole showed a larger drop. It now takes 55% less time to rent a property in Avondale as it did in 2013.

The Avondale rental market  is tight for renters but a great option for property investors.

Tolleson, AZ and Farmington Glen Subdivision Rental Property Market Comparison 1st and 2nd Quarter 2013 to 2015

On the last post, we took a look at the city of Buckeye, AZ and the Sundance subdivision's 2013 to 2015 pertinent rental market figures.

This week we will take a look at the Tolleson market and a subdivision in Tolleson. 

Tolleson city limits are roughly between McDowell Road and Buckeye Road north/south between 83rd and 99th Avenues east/west.  They extend from Van Buren St. to Buckeye road from 99th Ave/107th Ave east/west  and 83rd ave/75 Ave east/west.

All figures are taken from closed rental data from the MLS. The break down will focus on the subdivision of Farmington Glen.

We will focus on the rental homes listed in quarters 1 and 2 and break down the resulting rental data by year.The rental property data we look at from Tolleson and Farmington Glen focuses on closed, unfurnished rental properties.

Let's take a look at the Tolleson and Farmington Glen rental market data.

The rental market numbers for Tolleson in this study show nice gains as detailed below.

Overall, average rental prices in both Tolleson and Farmington Glen have increased during this 2013-2015 time period. The average rental price in Tolleson has gone up 10% in three years. In Farmington Glen, the increase in rent in this time frame has been 16%. 

Rental property inventory decrease in these areas has been pretty drastic with a 55% decrease in Tolleson rental property inventory from 2013-2015. In this same time frame, Farmington Glen rental property has remained stable but this could be due to the small sample size.

Both the Farmington Glen subdivision and the Tolleson,AZ rental properties show a very sharp drop in the Average Days on Market from 2013 to 2015. 

The Tolleson rental market  is tight for renters but a great option for property investors.

Buckeye, AZ and Sundance Subdivision Rental Property Market Comparison 1st and 2nd Quarter 2013 to 2015

On the last post, we took a look at the city of Peoria, AZ and the Arrowhead Ranch subdivision's 2013 to 2015 pertinent rental market figures.

This week, we will move the rental market comparison to Buckeye and look at how rental market statistics from 1st and 2nd Quarters 2013-2015 in Buckeye, AZ compare with a different subdivision within Buckeye.

All figures are taken from closed rental data from the MLS. The break down will focus on the subdivision of Sundance.

Sundance  is a subdivision that is roughly between McDowell road and Yuma north/south and Watson road and 223rd east/west. 

We will focus on the rental homes listed in quarters 1 and 2 and break down the resulting rental data by year.The rental property data we look at from Buckeye and Sundance focuses on closed, unfurnished rental properties.

Let's take a look at the Buckeye and Sundance rental market data.

The rental market numbers for Buckeye in this study show some pretty good gains as detailed below.

Overall, average rental prices in both Buckeye and Sundance have increased during this 2013-2015 time period. The average rental price in Buckeye has gone up 16% in three years. In Sundance, the increase in rent in this time frame has been 7%. 

Rental property inventory decrease in these areas has been pretty drastic with a 41% decrease in Buckeye rental property inventory from 2013-2015. In this same time frame, Sundance rental property inventory has declined by a whopping 55%.

Both the Sundance subdivision and the Buckeye,AZ rental properties show a very sharp drop in the Average Days on Market from 2013 to 2015. 

The Buckeye rental market is very under rated and all of the rental market data indicate that times have been golden for rental property investors here over the last three years.

Peoria, AZ and Arrowhead Ranch Subdivision Rental Property Market Comparison 1st and 2nd Quarter 2013 to 2015

On the last post, we took a look at the city of Scottsdale, AZ and the Grayhawk subdivision's 2013 to 2015 pertinent rental market figures.

This week, we will move the rental market comparison to Peoria and look at how rental market statistics from 1st and 2nd Quarters 2013-2015 in Peoria, AZ compare with a different subdivision within Peoria.

All figures are taken from closed rental data from the MLS. The break down will focus on the subdivision of Arrowhead Ranch.

Arrowhead Ranch is a subdivision that roughly extends from 51st Ave to the 101 on on East/West basis and Deer Valley Road to Union Hills on a North/South basis. 

We will focus on the rental homes listed in quarters 1 and 2 and break down the resulting rental data by year.The rental property data we look at from Peoria and Arrowhead Ranch focuses on closed, unfurnished rental properties.

Let's take a look at the Peoria and Arrowhead Ranch rental market data.

The rental market numbers for Peoria in this study are interesting because they are not consistent with what we have experienced with the overall 2015 Phoenix Area Rental Market. 

Overall, average rental prices in both Peoria and Arrowhead Ranch have remained relatively flat during this 2013-2015 time period. The median rental price has increase from 2013 to 2015 in Peoria by $100, but only increased by $13 in Arrowhead Ranch. 

Rental property inventory decrease in these areas has not been as significant as the Phoenix rental market in general inventory decrease within the same time frame. Arrowhead Ranch rental property inventory has remained even over the last three years.

In Peoria average rental property rent rates in the time frames analyzed have increased only about 1% (from $1283 to $1298). The median rental price has shown an 8% increase. 

Arrowhead Ranch rental properties show a very sharp drop in the Average Days on Market from 2013 to 2015. This is interesting because the prices haven't changed much nor has the inventory.

Scottsdale, AZ and Grayhawk Subdivision Rental Property Market Comparison 1st and 2nd Quarter 2013 to 2015

On the last post, we took a look at the city of Laveen, AZ and the Country Glen subdivision's 2013 to 2015 pertinent rental market figures.

This week, we will move the rental market comparison to Scottsdale and look at how rental market statistics from 1st and 2nd Quarters 2013-2015 in Scottsdale, AZ compare with a different subdivision within Scottsdale.

All figures are taken from closed rental data from the MLS. The break down will focus on the subdivision of Grayhawk.

Grayhawk is a large subdivision that is east of Scottsdale Road, West Of Pima Rd and north of Thompson Peak Parkway. 

We will focus on the rental homes listed in quarters 1 and 2 and break down the resulting rental data by year.The rental property data we look at from Scottsdale and Grayhawk focuses on closed, unfurnished rental properties.

Let's take a look at the Scottsdale and Grayhawk rental market data.

The rental market numbers for the city of Scottsdale in this study are consistent with what we have experienced with the overall 2015 Phoenix Area Rental Market. 

The Grayhawk market is very interesting and it shows good overall gains. However, the Grayhawk market took a turn for the worse in 2014 in all areas. It rebounded nicely in 2015. 

Overall, average rental prices in Scottsdale have increased during this 2013-2015 time period.  by $175. The average rental price in Grayhawk went up $133.