How swiftly must a California apartment seeker act to grab a new residence?

Well, my trusty spreadsheet reviewed some curious data from ApartmentList that tracks how long vacant units go unrented in 46 large U.S. metropolitan areas – including six from California. The focus was on the six-month average through November, compared with 12 months earlier and with the average pace dating back to 2019.

Related Articles

This “time on market” benchmark can give renters a sense of how quickly their decision-making must be – and how that timing varies by market. When markets are tight, empty units usually rent quickly. When conditions favor tenants, vacancies sit longer.

Let’s start with a national yardstick. The average American vacancy was 31 days in the past six months – that is two days les

See Full Page