HomeMy WebLinkAboutSTR Data March 2024.pdfPage 1 of 6
Short -Term Rental Data 2024
Summary: 1
▪ 985 Total Rentals for Southold Town and Greenport Village
▪ 34% Increase in STRs since February 2023
▪ $707 Average Daily Rate
▪ 42% Average Occupancy Rate2
▪ $107,556 Average Annual Revenue3
Table of Hamlets:4
Hamlet Rentals Average Daily
Rate
Occupancy
Rate
Annual
Revenue
Cutchogue 116 $649 40% $94,800
East Marion 89 $689 42% $104,800
Greenport 293 $556 47% $96,100
Laurel 29 $672 41% $101,500
Mattituck 113 $607 44% $97,700
New Suffolk 18 $741 42% $112,700
Orient 31 $880 37% $119,900
Peconic 27 $900 43% $140,600
Southold 269 $668 41% $99,900
Top Property Management Companies:
▪ Luxury Beach Getaway (14 properties)
▪ StayMarquis (11 properties)
▪ Evolve (7 properties)
▪ Vacasa (9 properties)
1 Data pulled from AirDNA website in March 2024 and February 2023.
2 This represents how often a property is occupied over last 12 months.
3 This represents the average annual revenue per property.
4 There is no available data for Fisher’s Island, and the data from the Village of Greenport is combined
with Greenport West (per AirDNA).
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Maps:
Figure 1 | Cutchogue
Figure 2 | East Marion
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Figure 3 | Greenport West and Village
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Figure 5 | New Suffolk
Figure 6 | Mattituck
Figure 4 | Laurel
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Figure 7 | Orient
Figure 8 | Peconic
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Figure 9 | Southold