Datacomp has made available its September 2021 JLT Reports for mobile home rent comps, occupancy, and other vital data from manufactured home communities in Oklahoma, California, and Texas.
JLT Market Reports provide detailed research and information on communities in 186 housing markets throughout the United States. These include the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.
Datacomp maintains and provides 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.
September 2021 manufactured housing market data published in JLT Market Reports for the three states include information from 28 markets on 1,027 “All ages” and “55+” manufactured home communities.
Altogether, the reports from California, Texas, and Oklahoma manufactured home communities include data representations for 217,788 homesites.
Regional Trends in Manufactured Housing Community Rent
- Pacific region manufactured home communities show a year-over-year 2.8% increase in lot rent and a 0.4% occupancy increase across 974 communities.
- Southwest region manufactured home communities show a year-over-year 4.6% increase in lot rent for and a 0.7% occupancy increase across 510 communities.
“Rent and occupancy rates increased modestly through most markets in the three states’ JLT Market Reports updated and published in September 2021,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Only one California market among retirement communities showed an above-average rent increase.”
What’s in JLT Market Reports?
Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in the major markets. The detailed information includes:
- Number of homesites
- Occupancy rates
- Average community rents, and increases
- California rent control and next increase data
- Community amenities
- Vacant lots
- Repossessed and inventory homes, and much more
JLT Market Reports also include management insights that rank communities by the number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of September 2021 rents and occupancy rates to September 2020, as well as a historical recap of rents and occupancy from 1996 to the present date in most markets.
The September 2021 JLT Market Reports for Texas, California, and Oklahoma 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 business decisions.