AirDNA Data: US→ New Jersey→ Somerset
How is Somerset performing?
1
Bad
14
Investability
5
Rental Demand
51
Revenue Growth
10
Seasonality
31
Regulation
Annual Revenue
$10.7K
+3%
past year
Occupancy Rate
44%
+4%
past year
Average Daily Rate
$204.7
+3%
past year
Revenue per Available Rental (RevPAR)
$64.4
+6%
past year
Somerset Performance Details
Total available listings
104
+3%
past year
Listings by rental channel
Airbnb (66%)
Vrbo (11%)
Both (23%)
Listings by rental size
1 Bedroom (75%)
2 Bedroom (13%)
3 Bedroom (4%)
4 Bedroom (4%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (41%)
91-180 nights (18%)
181-270 nights (13%)
271-365 nights (28%)
Listings by rental type
Entire Home (53%)
Private Room (46%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (24.3%)
Moderate (63.1%)
Strict (11.7%)
Super Strict (1.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (16.3%)
3 Nights (2.9%)
4-6 Nights (4.8%)
7-29 Nights (7.7%)
30+ Nights (68.3%)
What amenities do listings have?
Internet
98%
Aircon
97%
Heating
89%
Kitchen
88%
Wireless Internet
85%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Timeshare - RoomPicks | 18 | 0.0% | 48 | 3.95 |
Evolve | 1 | 1.0% | 16 | 4.15 |
Occupancy
Occupancy Rate
44%
+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
$1,072,497
+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)
$44
+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
$44
-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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