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AirDNA Data: US Virginia Charlottesville

How is Charlottesville performing?

53

Okay
Market Score

42

Investability

43

Rental Demand

27

Revenue Growth

68

Seasonality

46

Regulation

Annual Revenue

$23.5K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$295

+3%

past year

Revenue per Available Rental (RevPAR)

$151.6

+6%

past year

Charlottesville Performance Details

Total available listings

1,222

+3%

past year

Listings by rental channel

Channel

Airbnb (71%)

Vrbo (9%)

Both (20%)

Listings by rental size

Bedrooms

1 Bedroom (46%)

2 Bedroom (22%)

3 Bedroom (18%)

4 Bedroom (8%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (38%)

91-180 nights (16%)

181-270 nights (16%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (83%)

Private Room (17%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (16.0%)

Moderate (57.5%)

Strict (26.1%)

Super Strict (0.4%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (42.1%)

3 Nights (6.8%)

4-6 Nights (2.4%)

7-29 Nights (4.4%)

30+ Nights (44.2%)

What amenities do listings have?

Internet

99%

Aircon

98%

Wireless Internet

97%

Heating

90%

Parking

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Guesthouses
530.1%1854
4.86
Miranda
331.2%856
4.93
Stay Charlottesville
250.3%1449
4.77
Be Still Getaways
251.3%192
4.90
Evolve
8-0.2%153
4.95

Occupancy

Occupancy Rate

54%

+5%

past year

Booking lead time
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Length of stay
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What 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

$2,347,969

+5%

past year

How 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)

$54

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What 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

$54

-7%

past year

Weekend revenue per available rental (RevPAR)
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What 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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