Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – November 2024 The share of rental listings on Zillow offering a concession set a new record at 38.6% in November — the highest share in Zillow data beginning in April 2019. However, the increase from the prior month was only …
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Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – October 2024 Renters Gain an Edge as October Slows Beyond Seasonal Expectations. Concessions hit record high while renter competition hits record low. Typical Rent: $1,840 (0.8% increase year over year) Single Family: $2,288 (2.4% increase year over year) Multifamily: $1,580 (-0.6% …
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Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – September 2024 Typical Rent: $1,863 (1.0% increase year over year) Single Family: $2,310 (2.4% increase year over year) Multifamily: $1,600 (-0.3% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – …
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Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – August 2024 Typical Rent: $1,868 (0.9% increase year over year) Single Family: $2,326 (2.0% increase year over year) Multifamily: $1,607 (-0.2% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – …
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Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – July 2024 Typical Rent: $1,884 (0.8% increase year over year) Single Family: $2,337 (2.4% increase year over year) Multifamily: $1,624 (-0.3% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – …
Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – June 2024 Typical Rent: $1,889 (1.1% increase year over year) Single Family: $2,341 (2.4% increase year over year) Multifamily: $1,631(0.1% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – United …
Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – May 2024 Typical Rent: $1,895 (1.0% increase year over year) Single Family: $2,330 (2.2% increase year over year) Multifamily: $1,638(0.0% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – United …
Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – April 2024 Typical Rent: $1,887 (1.1% increase year over year) Single Family: $2,310 (2.5% increase year over year) Multifamily: $1,625 (0.2% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – …
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Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – March 2024 Typical Rent: $1,864 (1% increase year over year) Single Family: $2,289 (2.6% increase year over year) Multifamily: $1,617 (0% change year over year) Observed Rent Index – Phoenix Single Family vs. Multifamily – Phoenix Observed Rent Index – …
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Our partners at ShowMojo have just released their 2024 Q2 Market Update, outlining trends and challenges in the current rental market. In a nutshell, they describe “Longer market times, fewer leads, and more rent reductions.” We’ve included the key takeaways below, along with what’s working now… Market Times Continue to Go the Wrong Way …
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