3 Vacation Property Managers in Blue Hill, ME, USA

About the Blue Hill Short-Term Rental Market

The Blue Hill Peninsula in Maine is a popular vacation destination, known for its stunning coastal scenery, quaint villages, and abundance of outdoor activities. As a result, the short-term rental market in the area has seen significant growth in recent years, with many property owners offering their homes and cottages to visitors looking for a quintessential Maine getaway.

Performance Benchmarks for Blue Hill Vacation Rental Managers

According to data from Comparent, the average daily rate (ADR) for short-term rentals in Blue Hill is $250, with an occupancy rate of 65%. This translates to an average annual revenue of around $45,000 per property. On platforms like Airbnb and VRBO, top-performing Blue Hill vacation rentals can earn over $70,000 in annual revenue.

The peak season for Blue Hill vacation rentals is typically the summer months, with July and August seeing the highest occupancy rates. However, the shoulder seasons of spring and fall are also popular, as visitors come to enjoy the mild weather and changing foliage.

How Competitive is the Blue Hill Property Management Market?

The Blue Hill vacation rental market is relatively competitive, with a mix of local property management companies, individual owners, and national platforms like Airbnb and VRBO. According to Comparent's data, there are currently around 150 active short-term rental listings in the Blue Hill area.

Key Players in the Blue Hill Rental Market

Some of the key players in the Blue Hill rental market include:

Blue Hill Bay Property Rentals

A locally-owned and operated property management company that represents private owners and offers a range of vacation rentals on the Blue Hill Peninsula. They pride themselves on providing quality properties and reliable services for both guests and owners.

BHPR (Blue Hill Peninsula Realty & Rentals)

A real estate and vacation rental company based in Blue Hill, offering a variety of properties throughout the region. They are known for their personalized service and deep knowledge of the local market.

Awning

A national vacation rental management company with a presence in Blue Hill. They offer a full-service approach, handling everything from marketing and booking to cleaning and maintenance.

Compass Point Real Estate

A local real estate agency that also manages a portfolio of vacation rentals in the Blue Hill area. They focus on providing a high-touch experience for both owners and guests.

Individual Owners and Platforms

In addition to the property management companies, there are also many individual owners who list their properties directly on platforms like Airbnb and VRBO. These listings can offer a more personalized experience, but may lack the professional management and support of the larger companies.

Overall, the Blue Hill vacation rental market is a competitive but thriving industry, with a range of options for both property owners and guests. By understanding the market performance, key players, and competitive landscape, vacation rental managers can position themselves for success in this desirable Maine destination.