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Home | Find Inns for Sale | List an Inn for Sale | Market Snapshot

Inn Market Snapshot

As of Mar 11, 2010

This snapshot is designed to help innkeepers and aspiring innkeepers understand the inn for sale marketplace in broad terms. It is based on all available data from innshopper.com - data entered directly from inn owners and brokers.

PROPERTY METRICS
Average building size is 6,199 sqft	Average lot size is 6.66 acres
Average year built is 1911	Average number of guest rooms is 7.75 Average number of guest bathrooms is 6.92 72% have a private bathroom for each guestroom 94% have owner's quarters

PRICING
Inn for sale price distribution:	Average price is $988,557 Median price is $789,000 Average price per square foot is $159
The 5 most expensive states (on average) AZ - 3 listings. Avg of $2.2M (from $1.1M to $2.9M) MD - 6 listings. Avg of $1.8M (from $525K to $3.5M) CA - 12 listings. Avg of $1.5M (from $500K to $3.5M) MA - 9 listings. Avg of $1.4M (from $629K to $3.5M) HI - 2 listings. Avg of $1.4M (from $1.2M to $1.6M)	The 5 least expensive states (on average) IA - 1 listing at $180K KS - 2 listings. Avg of $299K (from $299K to $300K) LA - 2 listings. Avg of $405K (from $315K to $495K) IN - 6 listings. Avg of $476K (from $300K to $750K) ON - 1 listing at $499K
The 5 most expensive listings Boutique Hotel with Wedding & Meeting Facilities - $5.0M West Beaver Creek Lodge - $4.5M Maple Hall - $3.5M Boutique Inn and Restaurant - $3.5M Cornell Inn - $3.5M	The 5 least expensive listings Church Street Manor - $149K Lexington B&B - $175K Clarksville Inn - $179K The Inn of the Six-Toed Cat - $180K Buffalo Point Lodge - $199K

DATA COVERAGE
320 properties for sale, covering: 44 states 280 cities 268 owners/agents	States with the most inn listings: