2014 Wrap up – Laveen Rental Market
Laveen real estate is not only made up of homes that sell, but also of the Laveen rental market. Year to date has seen 541 homes rented out, and those homes will provide the information that I will pass on to you in this article. This information can be very important if you are currently considering renting out your home, as it will give an idea of what rental rates in Laveen AZ have been for this past year. Are these the only homes that rented out in Laveen? Answer is more than likely not, but these are the ones that did rent out via the MLS (multiple listing service) and it will help give us valuable information into the Laveen rental market. Other homes are likely to have rented out in the area likely via: craigslist, backpage, or even through the classifieds or signs on the lawn.
541 Homes rented out in Laveen AZ for 2014 Year to date
$850 lowest rental done
$2395 highest price rental for year
$1141 is the average rental for Laveen AZ for year ending 2014
4.64% is the increase in average rent from 2013
25% less homes rented out in compared to 2013
32 Average days on market for homes rented
Looking to get into a Laveen Rental, see available homes on this link
Looking to rent out your Laveen home, click here and request an appointment for rental
What valuable information was given about the Laveen rental market above? It is good to have an idea of what average rental rates are in an area to make sure you are either receiving fair market rent or not paying over it. As a potential landlord, it is good to use above numbers to give an idea of average rent, average marketing time before rented, and how much rents have gone up in the last year.
Comments(0)