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AirDNA Data: US California Pacific Grove

How is Pacific Grove performing?

77

Good
Market Score

26

Investability

74

Rental Demand

51

Revenue Growth

58

Seasonality

51

Regulation

Annual Revenue

$44.3K

+3%

past year

Occupancy Rate

62%

+4%

past year

Average Daily Rate

$354.5

+3%

past year

Revenue per Available Rental (RevPAR)

$224.2

+6%

past year

Pacific Grove Performance Details

Total available listings

386

+3%

past year

Listings by rental channel

Channel

Airbnb (46%)

Vrbo (24%)

Both (30%)

Listings by rental size

Bedrooms

1 Bedroom (37%)

2 Bedroom (27%)

3 Bedroom (27%)

4 Bedroom (5%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (42%)

91-180 nights (15%)

181-270 nights (10%)

271-365 nights (32%)

Listings by rental type

Type

Entire Home (86%)

Private Room (14%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.9%)

Moderate (72.7%)

Strict (18.2%)

Super Strict (5.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (13.0%)

3 Nights (13.5%)

4-6 Nights (2.6%)

7-29 Nights (6.0%)

30+ Nights (65.0%)

What amenities do listings have?

Internet

99%

Wireless Internet

91%

Heating

86%

Kitchen

79%

Parking

77%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Sanctuary Vacation Rentals
48-0.0%674
4.84
The Seven Gables Inn
250.0%1085
4.88
Carmel Coast Estate, Inc.
4-0.2%7
4.57
Vacasa
22.0%21
4.76
LUXEVACA
1-0.5%3
5.00

Occupancy

Occupancy Rate

62%

+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

$4,427,219

+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)

$62

+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

$62

-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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