Short-Term Rental Market Shift: How Changes in ADR and Occupancy Are Impacting Investment Returns
In the short-term rental market, there are significant changes in Average Daily Rate (ADR) and occupancy rates across various cities, impacting investment returns. Let's analyze the data from Austin, TX, where the median sale price is $327 with homes staying on the market for 30 days. Comparing this to Charlotte, NC, where the median price is $332, we can see a difference of $5.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Austin | TX | $327 | N/A | N/A | 30 |
| Charlotte | NC | $332 | N/A | N/A | N/A |
In Phoenix, AZ, the median sale price is $155 with homes staying on the market for 25 days. The occupancy rate is 88%, and the estimated ROI is 7.03%. Comparing this to Nashville, TN, where the median price is $380, we can see a difference of $225.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Phoenix | AZ | $155 | N/A | N/A | 25 |
| Nashville | TN | $380 | N/A | N/A | N/A |
In Austin, TX, the median sale price is $327 with homes staying on the market for 30 days. The occupancy rate is 84%, and the estimated ROI is 5.73%. This is a great opportunity for investors to consider short-term rental markets in the US.
When comparing the ADR of various cities, we can see that Austin, TX, has an ADR of $105, while Charlotte, NC, has an ADR of $332. This is a significant difference of $227.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Austin | TX | $105 | N/A | N/A | 30 |
| Charlotte | NC | $332 | N/A | N/A | N/A |
In addition to ADR, occupancy rates also play a crucial role in determining investment returns. In Austin, TX, the occupancy rate is 84%, while in Phoenix, AZ, it's 88%. This is a difference of 4%. For more detailed information, check out our short term analysis.
According to the data, the estimated ROI in Austin, TX, is 5.73%, while in Phoenix, AZ, it's 7.03%. This difference of 1.3% can significantly impact investment returns.
Lastly, when comparing the number of homes sold in various cities, we can see that Austin, TX, has a higher number of homes sold compared to Charlotte, NC. For more detailed information, check out our short term analysis.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Austin | TX | $327 | N/A | N/A | 30 |
| Charlotte | NC | $332 | N/A | N/A | N/A |
For a comprehensive guide to short-term rental markets, check out this article for more information.
