October AirDna Update

Average revenue up, 6+ Bedrooms down slightly, 5 Bedrooms up big.

Average revenue across all accomodation types (studios through 6+ bedrooms) was up 9%.

Revenue for 6+ bedrooms was down slightly - 3.75% for October 2024 vs October 2023.

For 5 bedrooms, the numbers were up - over 23% from October 2023 to October 2024.

October 2023 AirDna For Ellicottville By Bedroom Type

October 2024 AirDna For Ellicottville By Bedroom Type

Should You Buy a 5, 6 or 6+ Bedroom Home?

Revenue was up in October for 5 bedroom homes and down slightly for 6 bedroom homes in Ellicottville, but does this mean 5 bedroom homes are a better deal? Not necessarily.

Revenue for 6 or more bedrooms was still 22% higher than 5 bedroom homes in Ellicottville while our average purchase price is around 5-10% more depending on the model you choose.

Ultimately, the choice has to be right for you and fit your preferences.

For reference, here are the overall monthly revenue numbers for October 2024 vs October 2024 for all accommodation types. This takes in to account all types of lodging from a studio apartment up to the biggest home in Ellicottville.

AirDna numbers for October 2024 vs October 2023 across all short term rentals in Ellicottville.