This week we will take a look at the Glendale rental market and the subdivision in our focus will be Village Rose.
Village Rose is a Glendale, AZ subdivision located east of 67th avenue and South of Cactus.
All figures are taken from closed rental data from the MLS from 2013-2015.
We will focus on the rental homes that rented between January and September and break down the resulting rental data by year.The rental property data we look at from Glendale and Village Rose focuses on closed, unfurnished rental properties.
The rental market numbers in Glendale and Village Rose in this study show decent gains as detailed below.
Overall, average rental property prices in both Glendale and Village Rose have increased during this 2013-2015 time period. The average rental home price gain in Glendale, AZ is about 9% and the Village Rose subdivision are about 11% over these three years.
Rental property inventory has decreased in both spots as well. The rental property inventory decrease on the ARMLS has been a substantial 36% in Glendale, AZ from 2013-2015.
