AirDNA Data: US→ New Mexico→ Farmington
How is Farmington performing?
98
Great
84
Investability
90
Rental Demand
39
Revenue Growth
88
Seasonality
26
Regulation
Annual Revenue
$13.5K
+3%
past year
Occupancy Rate
63%
+4%
past year
Average Daily Rate
$131.6
+3%
past year
Revenue per Available Rental (RevPAR)
$81.7
+6%
past year
Farmington Performance Details
Total available listings
153
+3%
past year
Listings by rental channel
Airbnb (75%)
Vrbo (8%)
Both (17%)
Listings by rental size
1 Bedroom (41%)
2 Bedroom (17%)
3 Bedroom (29%)
4 Bedroom (12%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (47%)
91-180 nights (21%)
181-270 nights (15%)
271-365 nights (17%)
Listings by rental type
Entire Home (80%)
Private Room (20%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (22.3%)
Moderate (54.1%)
Strict (22.3%)
Super Strict (1.4%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (35.9%)
3 Nights (8.5%)
4-6 Nights (7.8%)
7-29 Nights (5.2%)
30+ Nights (42.5%)
What amenities do listings have?
Wireless Internet
96%
Internet
96%
Parking
95%
Kitchen
93%
Aircon
92%
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% | 7 | 4.85 |
Occupancy
Occupancy Rate
63%
+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
$1,346,318
+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)
$63
+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
$63
-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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