19 May Mission Valley Property Management Update
Mission Valley Property Management Update – 1st and 2nd qtr 2020.
Rents in Mission Valley, 92108, are up for 2020. Even though the markets have been chaotic during the covid19 crisis, Mission Valley, a community within the city of San Diego, has actually seen an INCREASE in monthly rental prices.
1 Bedroom units in mission valley have an average rent of $1,898, a 2% increase. Since Jan 1st, 121 1 bedrooms have been rented in mission valley.
2 Bedroom units in Mission Valley have an average rent of $2,378, which is a 1% increase. Since Jan 1st, 2020, 169 2br units have been rented in Mission Valley.
3 bedroom units in Mission Valley have an average rent of $3,079, a 2% increase. Since January 1st, 2020, 45 3 bedroom units have been rented.
Mission Valley is experiencing high demand and limited supply which has maintained a stable rental market. We expect the demand to increase through the summer months which should lead to even higher rental prices as we finish 2020. While there is over 50 units added yearly to th Mission Valley market, demand has kept up with the supply due to many factors. Employment, transportation, shopping, entertainment, dining, and more have continued to increase the demand for Mission Valley housing.
If you are a landlord, homeowner, or investor that is looking for a reliable Mission Valley Property Management company, we’d love to help. We have over 60 years of combined experience and treat your property as if it were one of our own. Ou unique “flat-fee” structure allows you to more accurately predict your return on your investment while enjoying the peace of mind that comes with hiring a professional Mission Valley Property Management company.
To learn more about what we offer, please visit our F.A.Q. page or contact us directly at 619-456-0000 or firstname.lastname@example.org.
Realty Management Group
2727 Camino del rio South, Suite 323
San Diego, Ca 92108
California Dept. of Real Estate Lic# 02030705