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AirDNA Data: US Washington Redmond

How is Redmond performing?

29

Bad
Market Score

10

Investability

66

Rental Demand

56

Revenue Growth

30

Seasonality

32

Regulation

Annual Revenue

$14.5K

+3%

past year

Occupancy Rate

56%

+4%

past year

Average Daily Rate

$186.9

+3%

past year

Revenue per Available Rental (RevPAR)

$99

+6%

past year

Redmond Performance Details

Total available listings

419

+3%

past year

Listings by rental channel

Channel

Airbnb (72%)

Vrbo (7%)

Both (21%)

Listings by rental size

Bedrooms

1 Bedroom (57%)

2 Bedroom (19%)

3 Bedroom (11%)

4 Bedroom (10%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (52%)

91-180 nights (22%)

181-270 nights (15%)

271-365 nights (11%)

Listings by rental type

Type

Entire Home (67%)

Private Room (33%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (18.6%)

Moderate (49.9%)

Strict (30.4%)

Super Strict (1.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (20.5%)

3 Nights (10.7%)

4-6 Nights (9.5%)

7-29 Nights (6.7%)

30+ Nights (52.5%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Heating

91%

Kitchen

89%

Washer

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
100.4%109
4.62
Blueground
8-0.1%1
3.00
Vince
40.0%524
4.76
5r Suites
30.5%55
4.83
Vacasa
1-0.7%2
4.50

Occupancy

Occupancy Rate

56%

+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

$1,445,774

+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)

$56

+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

$56

-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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