How is Richmond performing?
61
Good
15
Investability
34
Rental Demand
76
Revenue Growth
68
Seasonality
42
Regulation
Annual Revenue
$4.9K
+3%
past year
Occupancy Rate
22%
+4%
past year
Average Daily Rate
$85.6
+3%
past year
Revenue per Available Rental (RevPAR)
$34.8
+6%
past year
Richmond Performance Details
Total available listings
1,324
+3%
past year
Listings by rental channel
Airbnb (86%)
Vrbo (7%)
Both (7%)
Listings by rental size
1 Bedroom (53%)
2 Bedroom (11%)
3 Bedroom (14%)
4 Bedroom (14%)
5+ Bedroom (7%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (85%)
91-180 nights (8%)
181-270 nights (4%)
271-365 nights (2%)
Listings by rental type
Entire Home (51%)
Private Room (47%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (42.5%)
Moderate (28.3%)
Strict (28.2%)
Super Strict (0.9%)
Listings by Minimum Stay
1 Night (1.1%)
2 Nights (22.1%)
3 Nights (12.7%)
4-6 Nights (4.6%)
7-29 Nights (7.7%)
30+ Nights (51.8%)
What amenities do listings have?
Wireless Internet
93%
Aircon
92%
Kitchen
87%
Tv
87%
Parking
85%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 3 | -0.5% | 22 | 4.41 |
Kevin Service Group / Real Estate & Rental Car | 1 | 0.0% | 17 | 4.65 |
Occupancy
Occupancy Rate
22%
+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
$491,487
+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)
$22
+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
$22
-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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