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NARPM Q2 2020 Vacancy Survey

NARPM Q2 2020 Vacancy Survey
This quarters NARPM survey was published a little later than expected but the numbers are in and they are interesting. This year has been curious to say the least and housing is just one area that has been affected by this years pandemic. 19 property managers participated in this quarters survey of almost 7,700 single family and multi-family properties throughout our Treasure Valley. Take a look at some of the numbers below. To read the full report, click here!  
Unit Managed Number of Vacancies Vacancy Rate
Ada 5569 238 4.27%
Multiple Single Canyon 3681 1888 2117 161 77 80 4.37% 4.08% 3.78%
Multiple Single 1740 377 51 29 2.93% 7.69%
  Grand Total   7686   318   4.14%
The data collected indicates that the trends in both Ada & Canyon county vacancy rates increased 1.32% from 2.82% in the 1st quarter of 2020 to 4.14% in the 2nd quarter of 2020. Ada County increased 2% and Canyon County increased .78% this 2nd quarter of the year. If you would like more information about this survey or how RentWise can be of assistance with your rental needs please reach out at 208-949-3083 or email courtney@rentwisepm.com. Start living with Less Hassle, More Happy when it comes to your investments!
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