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AirDNA Data: US Massachusetts Somerville

How is Somerville performing?

61

Good
Market Score

15

Investability

82

Rental Demand

45

Revenue Growth

38

Seasonality

57

Regulation

Annual Revenue

$22.6K

+3%

past year

Occupancy Rate

64%

+4%

past year

Average Daily Rate

$222

+3%

past year

Revenue per Available Rental (RevPAR)

$143.2

+6%

past year

Somerville Performance Details

Total available listings

602

+3%

past year

Listings by rental channel

Channel

Airbnb (84%)

Vrbo (5%)

Both (11%)

Listings by rental size

Bedrooms

1 Bedroom (56%)

2 Bedroom (23%)

3 Bedroom (15%)

4 Bedroom (4%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (46%)

91-180 nights (18%)

181-270 nights (15%)

271-365 nights (22%)

Listings by rental type

Type

Entire Home (58%)

Private Room (42%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.0%)

Moderate (57.2%)

Strict (29.8%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (18.4%)

3 Nights (10.8%)

4-6 Nights (11.6%)

7-29 Nights (14.3%)

30+ Nights (44.9%)

What amenities do listings have?

Internet

100%

Wireless Internet

99%

Heating

92%

Aircon

90%

Kitchen

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Blueground
31-0.2%12
4.17
Club Quarters Hotels
240.7%269
4.75
June Homes
14-0.4%1
5.00
J&D Entreprises, LLC
50.0%1082
4.76
MyBostonTrip
30.0%6
5.00

Occupancy

Occupancy Rate

64%

+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

$2,263,780

+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)

$64

+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

$64

-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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