End of year vacancy stats 2023

Our renewal rate for last year was 80%, which is very good. On average, our tenants move every 5 years. We don't track our vacation rentals that go monthly during the winter months.

The median number of days a place was on the market this year was 14. Days vacant was similar. Doing the math, our vacancy rate for Blue Sage was under 1%.

Next year, we will work to reduce the vacancy days, by pricing them right and marketing them earlier.