AirDNA Data: US→ New Mexico→ Farmington
How is Farmington performing?
98
Great
80
Investability
91
Rental Demand
43
Revenue Growth
88
Seasonality
28
Regulation
Annual Revenue
$14.2K
+3%
past year
Occupancy Rate
64%
+4%
past year
Average Daily Rate
$133.3
+3%
past year
Revenue per Available Rental (RevPAR)
$84.1
+6%
past year
Farmington Performance Details
Total available listings
150
+3%
past year
Listings by rental channel
Airbnb (74%)
Vrbo (9%)
Both (17%)
Listings by rental size
1 Bedroom (40%)
2 Bedroom (18%)
3 Bedroom (29%)
4 Bedroom (13%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (46%)
91-180 nights (21%)
181-270 nights (17%)
271-365 nights (16%)
Listings by rental type
Entire Home (81%)
Private Room (19%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (22.4%)
Moderate (56.5%)
Strict (20.4%)
Super Strict (0.7%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (37.3%)
3 Nights (8.7%)
4-6 Nights (8.0%)
7-29 Nights (5.3%)
30+ Nights (40.7%)
What amenities do listings have?
Internet
97%
Wireless Internet
96%
Parking
95%
Kitchen
94%
Aircon
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 4 | 3.0% | 82 | 4.79 |
Vacasa | 1 | 1.0% | 8 | 4.90 |
Occupancy
Occupancy Rate
64%
+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
$1,424,763
+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)
$64
+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
$64
-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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