Staying informed of market data is a smart way to identify developing senior living trends and benchmark your community. Download our Market Snapshot reports to get the data you need to guide your next strategic decision.
Staying informed of market data is a smart way to identify developing senior living trends and benchmark your community.
Before you consider a strategic change, read our quarterly Market Snapshot reports for an overview of the data and trends influencing your senior living community. This is must-have information for communities that are considering renovating, repositioning, or building a new facility.
For Q4 2017, we’re highlighting three Midwestern metropolitan statistical areas (MSAs):
- Chicago, Illinois
- Dayton, Ohio
- Grand Rapids, Michigan
What’s inside the Senior Living Market Snapshot reports?
In our reports, we benchmark select MSAs against historical, regional, and national data on six key data points. Here are a few highlights from this quarter’s reports:
- The Grand Rapids MSA’s assisted living occupancy and absorption increased since last quarter, while the Chicago and Dayton MSAs’ figures both declined.
- Inventory growth in the Grand Rapids MSA and Dayton MSA hovered near zero units for both assisted living and independent living. Chicago saw a significant drop in inventory growth since last quarter.
- Chicago and Detroit top the charts with the most assisted living and independent living units under construction in the Midwest.
Download the full reports for the senior living market data you need
We welcome questions about the market data we provide, and we’d be glad to explain how these trends affect your community. Please let us know how we can use our extensive experience in senior living market data analysis to help you plan for the future of your organization.