Comparing the number of days a rental property sits on the market can tell us alot especially when looking at the “asking rent” for the same time period. The rental market in Cumming is much improved from the same time period in 2010. The average number of days on the market for 3-4 BDR houses in Cumming this time last year was around 160 days compared to around 45 days now. As you can see below the rent has adjusted down slightly but is close to what it was this time last year. Both number of days on the market and asking rent are better than the national average.
The statistical information was provided by www.rentalhomepros.com and www.narpm.org. Rental Home Professionals provides a comprehensive database of available rental properties and property managers throughout the United States offered by members of the National Association of Residential Property Managers for the benefit of Renters, Landlords, and Property Managers.
Blog post by John Durham, Communications/Marketing Director with Excalibur Home Management, LLC.
