Joshua Tree STR market

Joshua Tree STR market

Rental Property Investor · Corpus Christi, TX · Member since 2020 · 10 posts · 13 votes

Is anyone else experiencing a slow down in the Joshua Tree STR market? Is the area becoming over saturated with STRs?

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Southern California · Member since 2019 · 9 posts · 4 votes
5y

I am no data expert, but based on AirDNA, it does appear that demand is still consistently growing for the JT area, Yucca Valley included. It could be a seasonal thing, as AirDNA is showing Nov/Dec and Mar/Apr are the months where demand peaks. Again, I am not a data expert so this is based on my observation using the platform.

Not sure of the rules with posting screenshots from AirDNA in the forums so I will refrain myself from doing so, but am more than happy to share screenshots through a DM!

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  • Realtor · Sacramento, CA · Member since 2019 · 242 posts · 152 votes
    5y

    @Haleigh Fulmer We're in escrow on a property in Yucca to STR with (so we might be a part of the saturation haha)

    Our agent mentioned this to us a few weeks ago that people were noticing a slow down in bookings and he thinks it could be because many vacation spots are opening back up due to a Covid Vaccines. I’m not too sure either but I would love to hear others opinions!

  • Southern California · Member since 2019 · 9 posts · 4 votes
    5y

    I am no data expert, but based on AirDNA, it does appear that demand is still consistently growing for the JT area, Yucca Valley included. It could be a seasonal thing, as AirDNA is showing Nov/Dec and Mar/Apr are the months where demand peaks. Again, I am not a data expert so this is based on my observation using the platform.

    Not sure of the rules with posting screenshots from AirDNA in the forums so I will refrain myself from doing so, but am more than happy to share screenshots through a DM!

  • Los Angeles, CA · Member since 2017 · 75 posts · 24 votes
    5y

    @Danny Nguyen would love to see those Yucca Valley screenshots!

  • Southern California · Member since 2019 · 9 posts · 4 votes
    5y

    @Erin O'Connor Smith Sent you a DM :)

  • Jeff HubertPro Member
    Realtor · Fort Lauderdale, FL · Member since 2013 · 101 posts · 30 votes
    5y

    Thanks Danny!  Currently building in JT like hearing there isnt a major slow down as of yet.

  • Real Estate Agent · Pasadena, CA · Member since 2017 · 274 posts · 255 votes
    4y
    Originally posted by @Haleigh Fulmer:

    Is anyone else experiencing a slow down in the Joshua Tree STR market? Is the area becoming over saturated with STRs?

     How are you experiencing this slow down in JT?

  • Los Angeles, CA · Member since 2017 · 75 posts · 24 votes
    4y
    Quote from @Danny Nguyen:

    I am no data expert, but based on AirDNA, it does appear that demand is still consistently growing for the JT area, Yucca Valley included. It could be a seasonal thing, as AirDNA is showing Nov/Dec and Mar/Apr are the months where demand peaks. Again, I am not a data expert so this is based on my observation using the platform.

    Not sure of the rules with posting screenshots from AirDNA in the forums so I will refrain myself from doing so, but am more than happy to share screenshots through a DM!

    Hey @Danny Nguyen, what is AirDNA saying almost a year later about the JT Yucca area? I think demand has dropped a lot along with prices.

  • Jeff HubertPro Member
    Realtor · Fort Lauderdale, FL · Member since 2013 · 101 posts · 30 votes
    4y

    I'd be interest in what you're showing now for Joshua Tree, Danny?

  • Rental Property Investor · Los Angeles, CA · Member since 2018 · 40 posts · 17 votes
    3y

    Hey all, figured I'd check in to see how everyone's STR is doing in JT. Heading into slow season as expected. Hopefully you took your profits in the busy season.

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