Written by: Ashley Durmo
The short-term rental market never stands still, and 2024 was no exception. While some investors looked to sell their properties, others were just as eager to jump into these high-demand markets. At GetChalet.com, we track investor activity across the country, and the data from this past year gives us a unique look at where Airbnb owners were most interested in selling—and where new opportunities are emerging for buyers.
Let’s take a deep dive into the top short-term rental markets where investors were looking to sell in 2024 and what this means for those looking to buy. 👇
🏆 #1 – Flagstaff, AZ (979 inquiries)
🏔️ Why investors sold: Flagstaff is a stunning vacation market with strong year-round demand, but rising home prices and regulatory shifts have led some investors to cash out at peak value.
💰 Why it’s a great opportunity: The city remains a top destination for outdoor lovers and Grand Canyon visitors, making well-positioned Airbnbs a solid investment. If you’re looking to buy, expect strong seasonal occupancy and high nightly rates.
🎰 #2 – Las Vegas, NV (610 inquiries)
🏙️ Why investors sold: Las Vegas continues to be a short-term rental hotspot, but local regulations have limited Airbnb operations in residential areas, making compliance more challenging.
🔑 Why it’s a great opportunity: With nearly 40 million annual visitors, investors who navigate the regulations correctly can tap into a high-demand, high-revenue market.
🏙️ #3 – Jersey City, NJ (498 inquiries)
🚆 Why investors sold: Jersey City was once a go-to market for New York-bound travelers, but strict owner-occupancy rules have made Airbnb operations more complicated.
🏡 Why it’s a great opportunity: With fewer competitors in the market, legally operating Airbnbs can command premium rates—especially for longer stays targeting business travelers.
🏖️ #4 – Indian Rocks Beach, FL (486 inquiries)
🌴 Why investors sold: Florida’s Gulf Coast has seen huge property appreciation, leading some investors to sell while values are high.
☀️ Why it’s a great opportunity: The area remains one of the most sought-after vacation spots in Florida, with consistent demand from snowbirds and beachgoers.
