AirDNA Data: US→ North Carolina→ Wake Forest
How is Wake Forest performing?
69
Good
24
Investability
76
Rental Demand
32
Revenue Growth
79
Seasonality
55
Regulation
Annual Revenue
$11.9K
+3%
past year
Occupancy Rate
34%
+4%
past year
Average Daily Rate
$142.6
+3%
past year
Revenue per Available Rental (RevPAR)
$68.3
+6%
past year
Wake Forest Performance Details
Total available listings
363
+3%
past year
Listings by rental channel
Airbnb (75%)
Vrbo (12%)
Both (13%)
Listings by rental size
1 Bedroom (53%)
2 Bedroom (19%)
3 Bedroom (18%)
4 Bedroom (7%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (76%)
91-180 nights (9%)
181-270 nights (9%)
271-365 nights (7%)
Listings by rental type
Entire Home (65%)
Private Room (34%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (33.6%)
Moderate (36.6%)
Strict (29.5%)
Super Strict (0.3%)
Listings by Minimum Stay
1 Night (1.9%)
2 Nights (21.5%)
3 Nights (8.8%)
4-6 Nights (3.9%)
7-29 Nights (5.8%)
30+ Nights (58.1%)
What amenities do listings have?
Aircon
94%
Wireless Internet
90%
Parking
87%
Heating
84%
Tv
82%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 2 | -0.5% | 26 | 4.93 |
Triangle short term rentals | 1 | 0.0% | 61 | 4.90 |
Occupancy
Occupancy Rate
34%
+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
$1,188,673
+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)
$34
+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
$34
-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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