AirDNA Data: US→ North Carolina→ Mars Hill
How is Mars Hill performing?
80
Great
85
Investability
51
Rental Demand
68
Revenue Growth
81
Seasonality
69
Regulation
Annual Revenue
$27.5K
+3%
past year
Occupancy Rate
45%
+4%
past year
Average Daily Rate
$294.2
+3%
past year
Revenue per Available Rental (RevPAR)
$128.8
+6%
past year
Mars Hill Performance Details
Total available listings
320
+3%
past year
Listings by rental channel
Airbnb (26%)
Vrbo (6%)
Both (68%)
Listings by rental size
1 Bedroom (23%)
2 Bedroom (16%)
3 Bedroom (22%)
4 Bedroom (29%)
5+ Bedroom (11%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (19%)
91-180 nights (17%)
181-270 nights (19%)
271-365 nights (45%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.6%)
Moderate (52.9%)
Strict (15.7%)
Super Strict (14.8%)
Listings by Minimum Stay
1 Night (0.3%)
2 Nights (57.2%)
3 Nights (20.0%)
4-6 Nights (6.3%)
7-29 Nights (2.2%)
30+ Nights (14.1%)
What amenities do listings have?
Internet
99%
Wireless Internet
98%
Heating
98%
Parking
97%
Kitchen
94%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Carolina Mornings | 14 | 0.0% | 217 | 4.84 |
Evolve | 13 | -0.1% | 284 | 4.85 |
Love Rentals | 10 | 0.3% | 8 | 4.74 |
Yonder | 4 | -0.2% | 37 | 4.72 |
AvantStay | 3 | -0.3% | 37 | 4.87 |
Occupancy
Occupancy Rate
45%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,746,736
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$45
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$45
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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