On the last post, we charted some of the rental market data in the Greater Phoenix area and compared 2015 to 2013 and 2014.
In summary, according to the rental listings from the Arizona MLS in these cities, rental home prices have increased 11-15% from 2013-2015. The number of rental property listings on MLS in the same Phoenix and Greater Phoenix cities has decreased a very significant 48%.
Western Meadows is a subdivision is located south of Greenway Rd north of Waddell Rd. It is west of Reems Rd. and east of Sarival Ave.
All of our Surprise rental market figures are taken from closed rental data from the Arizona MLS from 2013-2015.
The rental market numbers in the City of Surprise show growth in rental price and a notable drop in rental home inventory from 2013 to 2015. The Western Meadows sample size is tough to draw a conclusion on due to the small sample size. The chart below displays the details.