Year to Date Stats

Some measures of how we're doing as your manager is renewal rates, and days vacant for a turn. When we have a break lease, we have 0 days vacant technically, because the outgoing tenant pays rent, utilities and a lease break fee. Another "cheat" is to put the home on the market (if at all possible) during the tenant's last month.

So far this year, we've had very few rent reductions to get the home filled. But more people are moving out to buy a house or relocate than usual. Calculating vacancy rate, we can just multiply ((1-renewal rate) * median days vacant) / 365 days to get about 1/2 of 1%.

Here are the data YTD, plus last year for comparison.