Datacomp has published its August 2019 manufactured home community rent and occupancy reports for six major markets in Southern California.
JLT Market Reports provide detailed research and information on communities in 178 major and midsize housing markets throughout the United States. Data includes the latest rent trends and statistics, marketing programs and a variety of other useful management insights.
Datacomp publishes the JLT Market Reports and is the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.
August 2019 manufactured housing market data published in JLT Market Reports for Southern California include information on 505 “All ages” and “55+” manufactured home communities.
Altogether, the reports on the six markets’ manufactured home communities include data representations for 100,787 homesites.
“Manufactured home communities in the Southern California markets are showing a tremendous amount of stability in both rent and occupancy,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Occupancy remains in the mid- to high-90s percentile everywhere. Occupancy reduced slightly in only one Southern California market and adjusted lot rent increases year-over-year spanned from 1.9 % to 4.9 %.”
More About JLT Market Reports
Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in active markets. The detailed information includes:
- Number of homesites
- Occupancy rates
- Average community rents, and increases
- Community amenities
- Vacant lots
- Repossessed and inventory homes, and much more
JLT Market Reports also include management insights that rank communities by number of homesites, occupancy rates and highest to lowest rents. Established reports show trends in each market with a comparison of August 2019 rents and occupancy rates to August 2018, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The August 2019 JLT Market Reports for Southern California manufactured home communities are available for purchase and immediate download online at the Datacomp JLT Market Report website, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.
Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers and other organizations to effectively benchmark those communities and make informed decisions.