Phoenix Apartment Market


Apartment Market Inventory (50+ Units):

Properties 1300
Units 271110
Submarkets 32
Cities 26

Principal Municipalities

Phoenix, Mesa, Tempe, Glendale, Scottsdale, Chandler, Gilbert and Peoria

Counties

Maricopa and Pinal

What's New - Apartment Related Information/Data

Market Related Blog Articles

Apartment demand is underwritten near entirely by employment change. And some markets are receiving more than their fair share.

There is a serious acceleration in new apartment development action among some markets that bears attention.

The apartment development market is progressing full on.  It happens at some point in every market ascension, but it’s no less exciting to see the most current action.  In some markets, the action is intense.

Employment growth attractively contradicts national numbers in a few select markets.  Among Pierce-Eislen’s 54 markets, 2012 employment growth exceeded 2.0% in 19 markets.

Of Pierce-Eislen's 52 Markets, sixteen illustrated the most aggressive increases during the period extending from December 1, 2011, through July 31, 2012

During the most recent reported employment statistics period these twenty-two markets illustrated the most robust growth.

Among Pierce-Eislen’s market coverage, a few markets that, in the face of much discussion relating to planned development, are still considerably behind the development curve.

Among Pierce-Eislen’s markets, some are emerging as employment growth stars.

Markets forecasted to most aggressively increase apartment rents – 2012 over 2011 – range considerably in Geography