The following numbers will highlight the Real Property Management West Valley Phoenix study of the Phoenix and Dynamite Mountain Ranch rental market from 2013-2017. Real Property Management West Valley Phoenix looked at key rental market statistics in the City of Phoenix, AZ and in the Dynamite Mountain ranch subdivision. All figures that Real Property Management West Valley Phoenix used in this study are taken from closed rental data from the MLS.
Dynamite Mountain Ranch is a subdivision that is east of I-17 and north of Happy Valley Road. It has 1,045 homes within the subdivision.
From 2013-2017 there have been 383 homes listed for rent on the Arizona MLS in the Dynamite Mountain Ranch subdivision. Real Property Management West Valley Phoenix manages several homes in this subdivision. The rental property data we look at from Phoenix and Dynamite Mountain Ranch focuses on unfurnished rental properties.
The rental price numbers for the city of Phoenix in this study are consistent with what Real Property Management West Valley Phoenix has studied in other cities around Phoenix.
The Dynamite Mountain ranch rental property data showed nice gains and rental prices are trending upward. Median days on market regarding these rental properties are showing some steady declines which is good for landlords.
Overall, average rental prices in Phoenix has increased during this 2013-2017 time period. The average rental price has increased from 2013 to 2017 in Phoenix by $242. The average rental price in Dynamite Mountain Ranch went up $221 in this same time period.