Pacific Grove edges ahead of Oakland on higher occupancy (42% vs 36%), stronger RevPAR (£67 vs £18).
Head-to-head metrics
| Oakland | Pacific Grove | |
|---|---|---|
| Median occupancy | 36% | 42% |
| Median daily rate | £85 | £239 |
| Median RevPAR | £18 | £67 |
| Active listings | 1,449 | 191 |
| YoY occupancy | +14.1 pts | +10.8 pts |
| YoY daily rate | -0.9% | +6.3% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Oakland vs Pacific Grove
On the money side of this comparison — what a listing actually earns against the nights it has available — Pacific Grove finishes decisively ahead of Oakland. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 280.2% higher in Pacific Grove: £67 against £18. Pacific Grove commands 183.2% more per night, £239 against £85. That is not a rounding difference, and it compounds over a hold period.
Pacific Grove takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £239 against £85 — and still fills more of the year, 42% against 36%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £67 against £18.
That verdict needs a caveat, because Oakland is not simply the weaker market of the two. Oakland is the deeper market at 1,449 active listings against 191, which usually means better comparables going in and a wider buyer pool coming out. The twelve-month direction favours Oakland too: occupancy there moved +14.1 points while Pacific Grove moved +10.8 points. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Oakland nor Pacific Grove currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.
The two calendars also behave differently. Oakland peaks in September at 60.8% and bottoms in February at 35.5%; Pacific Grove runs from 62.5% in October down to 30.7% in May. Oakland is the steadier of the two at 25.3 points peak-to-trough against 31.8 — easier to underwrite against a mortgage — while Pacific Grove concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.
Who each suits, then. Oakland suits buyers who want a conventional, lightly regulated entry. It is also the momentum side of this pair. Pacific Grove answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 886 active Oakland listings and 77 in Pacific Grove.
Frequently asked questions
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