Datacomp published July 2021 JLT Market Reports for manufactured home communities in Colorado, Delaware, New Jersey, and Wyoming, which include mobile home rent comps, occupancy, and other vital up-to-date data.
JLT Market Reports provide detailed research and information on manufactured home communities in 186 U.S.housing markets. Reports include the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.
Datacomp’s JLT Market Reports are 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.
July 2021 manufactured housing market data published in JLT Market Reports for Colorado, Delaware, New Jersey, and Wyoming include information on 239 “All ages” and “55+” manufactured home communities.
Altogether, the reports from the four states’ manufactured home communities include data representations for 62,891 homesites.
Regional Trends in Manufactured Housing Community Rent and Occupancy
- The West region manufactured home communities show a year-over-year 0.8% increase in occupancy and a 4.3% increase in adjusted rents year-over-year.
- Northeast region manufactured home communities show a year-over-year 0.4% increase and a 3% increase in adjusted rents year-over-year.
“Rent and occupancy in manufactured home communities is stable nationwide, evidenced by the anticipated moderate increases in lot rent across the four states published in the July 2021 JLT Market Reports, with only slightly higher than average increases regionally in one of the four states,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said.
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
- 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 July 2021 rents and occupancy rates to July 2020, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The July 2021 JLT Market Reports for manufactured home communities in Colorado, Delaware, New Jersey, and Wyoming 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.