As school has been underway and the holidays right around the corner; the rental market continues to hold "its own". The availability and DOM continue to improve and have a good showing for this time of the year. It would seem that the foreclosures and "down-sized" moves are certainly present a recognize number.
The following rental numbers represent the unfurnished rental properties currently on the market, pending and the DOM (days on market); within Phoenix and the surrounding Metro areas.
Phoenix SFH 1016 Active w/ 62 DOM & 109 Pending {good pending numbers}
Phoenix Condo/TH 727 Active w/ 86 DOM & 39 Pending
Scottsdale SFH 376 Active w/ 88 DOM & 44 Pending
Scottsdale Cond/TH 498 Active w/ 100 DOM & 34 Pending
Mesa SFH 268 Active w/ 48 DOM & 15 Pending
Mesa Condo/TH 179 Active w/ 101 DOM & 15 Pending
Gilbert SFH 200 Active w/ 31 DOM & 28 Pending
Surprise SFH 214 Active w/ 54 DOM & 22 Pending
Glendale SFH 268 Active w/ 55 DOM & 31 Pending
Glendale Condo/TH 80 Active w/ 947 DOM & 7 Pending
Buckeye SFH 126 Active w/ 75 DOM & 11 Pending
Goodyear SFH 130 Active w/ 54 DOM & 21 Pending
Avondale SFH 153 Active w/ 51 DOM & 18 Pending
Litchfield Park SFH 59 Active w/ 38 DOM & 1 Pending
The Phoenix rental market continues to hold its own with the retirees/snowbirds, Californians and the others the migrate to the Sunny Phoenix Area. If you have interest in the rental numbers of an area not listed here; shoot me an email and I will certainly include.
