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Goodyear, AZ and Canyon Trails Rental Property Market Comparison from January to October for 2013,2014 and 2015

Last week, we took a look at the Surprise, AZ  rental market and the subdivision of Greer Ranch.

This week, we will take a look at Goodyear, AZ and the subdivision of Canyon Trails.

Canyon Trails is a subdivision that is roughly located south of I-10 and north of Lower Buckeye Road. Canyon Trails is east of Citrus Rd. and west of Sarival. 

All of our Goodyear rental market figures are taken from closed rental data from the Arizona MLS from 2013-2015.

We will focus on the rental homes that rented between January and October and break down the resulting rental data by year.The rental property data we will look at in this objective rental market overview of Goodyear and Canyon Trails focuses on closed, unfurnished rental properties.

The rental market numbers in Goodyear and Canyon Trails show some pretty interesting trends.

The average rental home price gain for the above time period in Goodyear, AZ is a solid 11.8% and 8.3% by $ per sq. foot. For Canyon Trails, the rental price gain was less at 7.3% but almost double that in $ per square foot gain with a 15.4% increase. 

To compare the Goodyear rental market gains with the overall Phoenix area rental market gains in 2015 check out our post from September 21.

The rental market inventory in Goodyear decrease was almost identical to the Surprise rental market inventory drop at 37% from 2013-2015 according to the rental market numbers chart above.