AirDNA Data: Richmond
How is Richmond performing?
44
Okay
13
Investability
44
Rental Demand
9
Revenue Growth
71
Seasonality
32
Regulation
Annual Revenue
$5.5K
+3%
past year
Occupancy Rate
26%
+4%
past year
Average Daily Rate
$97.5
+3%
past year
Revenue per Available Rental (RevPAR)
$39.9
+6%
past year
Richmond Performance Details
Total available listings
1,251
+3%
past year
Listings by rental channel
Airbnb (87%)
Vrbo (8%)
Both (5%)
Listings by rental size
1 Bedroom (53%)
2 Bedroom (12%)
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 (84%)
91-180 nights (9%)
181-270 nights (4%)
271-365 nights (3%)
Listings by rental type
Entire Home (52%)
Private Room (47%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (44.4%)
Moderate (24.8%)
Strict (29.9%)
Super Strict (1.0%)
Listings by Minimum Stay
1 Night (1.8%)
2 Nights (22.6%)
3 Nights (12.0%)
4-6 Nights (5.4%)
7-29 Nights (7.9%)
30+ Nights (50.3%)
What amenities do listings have?
Wireless Internet
93%
Aircon
92%
Kitchen
87%
Tv
87%
Washer
84%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 5 | 0.3% | 70 | 4.43 |
Kevin Service Group / Real Estate & Rental Car | 1 | 0.0% | 17 | 4.65 |
Occupancy
Occupancy Rate
26%
+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
$554,636
+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)
$26
+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
$26
-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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