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!