AirDNA Data: US→ Massachusetts→ Richmond
How is Richmond performing?
5
Bad
55
Investability
20
Rental Demand
10
Revenue Growth
4
Seasonality
48
Regulation
Annual Revenue
$24.8K
+3%
past year
Occupancy Rate
43%
+4%
past year
Average Daily Rate
$438.6
+3%
past year
Revenue per Available Rental (RevPAR)
$182.8
+6%
past year
Richmond Performance Details
Total available listings
24
+3%
past year
Listings by rental channel
Airbnb (63%)
Vrbo (17%)
Both (21%)
Listings by rental size
1 Bedroom (25%)
2 Bedroom (17%)
3 Bedroom (17%)
4 Bedroom (25%)
5+ Bedroom (17%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (42%)
91-180 nights (13%)
181-270 nights (38%)
271-365 nights (8%)
Listings by rental type
Entire Home (96%)
Private Room (4%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (20.8%)
Moderate (62.5%)
Strict (16.7%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (45.8%)
3 Nights (25.0%)
4-6 Nights (8.3%)
7-29 Nights (8.3%)
30+ Nights (12.5%)
What amenities do listings have?
Wireless Internet
100%
Internet
100%
Aircon
96%
Washer
96%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 1 | 0.0% | 2 | 5.00 |
Evergreen Home | 1 | 0.0% | 26 | 4.95 |
Occupancy
Occupancy Rate
43%
+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
$2,481,775
+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)
$43
+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
$43
-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
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free