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Roseview, Surprise and Surprise Rental Market Data 2013 to 2015

On September 14, 2015, we took a look at Surprise and the Roseview Subdivision in Surprise 2013-2015 rental market data from January up to the end of August.

This week, we will look at updated data in these areas with the last 4 months of 2015 included. We will now compare the full year rental market data from 2013-2015 in Roseview, Surprise  and Surprise, AZ.

Roseview is a Surprise, AZ subdivision located east of Dysart Rd., west of 135th Ave, south of Greenway Rd. and north of Waddell Rd.

The neighboring subdivisions of Rosewood are Litchfield Manor to the west, Surprise Point to the south and West Point Town Center to the North.

All figures are taken from closed rental data from the MLS from 2013-2015.

We will focus on the rental homes listed on the Arizona MLS and break down the resulting rental data by year.

The rental property data we look at from Surprise, AZ and Roseview focuses on closed, unfurnished rental properties.

The rental market numbers in Surprise and Rosewood shown in this study show positive signs for owners as detailed below.

Overall, average rental property prices in both Surprise and Roseview have increased during this
2013-2015 time period.

The average rental home price gains in Surprise, AZ and the Roseview subdivision are about 8% over these three years.

Rental property inventory has decreased in both spots as well.

The main difference from the Jan-August numbers to the full years numbers was in this area with a slight decline from the previous figs.

The rental property inventory decrease from 2013 to 2015 for properties in Surprise, AZ listed on the ARMLS was 33%. In Roseview, Surprise the rental property inventory decrease was 51%.