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

Inn Market Snapshot

As of Feb 04, 2012

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
Median building size is 5,000 sqft	Median lot size is 1.20 acres
Median year built is 1907	Average number of guest rooms is 7.64 Average number of guest bathrooms is 6.89 72% have a private bathroom for each guestroom 95% have owner's quarters

PRICING
Inn for sale price distribution:	Average price is $1,031,526 Median price is $699,000 Average price per square foot is $167
The 5 most expensive states (on average) PR - 3 listings. Avg of $2.5M (from $509K to $5.5M) NJ - 4 listings. Avg of $2.2M (from $1.1M to $3.8M) NY - 28 listings. Avg of $1.7M (from $280K to $24.9M) AZ - 6 listings. Avg of $1.7M (from $695K to $2.9M) MA - 12 listings. Avg of $1.6M (from $625K to $4.9M)	The 5 least expensive states (on average) NS - 1 listing at $295K MN - 2 listings. Avg of $347K (from $175K to $519K) KS - 3 listings. Avg of $365K (from $299K to $495K) WY - 2 listings. Avg of $504K (from $325K to $682K) MS - 4 listings. Avg of $557K (from $225K to $878K)
The 5 most expensive listings Village Latch Inn Hotel - $24.9M Hotel in Potrero Bay - $9.5M Hamilton House Estate Bed and Breakfast - $7.0M Borinquen Beach Inn - $5.5M Boutique Hotel with Wedding & Meeting Facilities - $5.0M	The 5 least expensive listings The English Inn B&B - $30K A Memorable Experience - $55K Church Street Manor - $149K Historic Parker House Bed & Breakfast - $150K Lexington B&B - $175K

DATA COVERAGE
474 properties for sale, covering: 46 states 410 cities 414 owners/agents	States with the most inn listings: