Despite news Thursday that senior housing occupancy rates hit an all-time low in the third-quarter, overall inquiries into senior living appear to be recovering from their pandemic lows. That’s according to a report released Thursday from Denver-based Enquire. The firm found that September inquiries into senior living were down only 9% from a year ago. In April, inquiries had dropped 41% compared with a year ago.
The report also found that September inquiries for senior living, on average, were 52% higher than April inquiries. Further, move-in averages increased just more than 80% from April to September. Meanwhile, September move-outs in comparison with the prior year were, on average, 21% lower.
The firm aggregated actual sales and marketing data from more than 2,200 senior living communities offering independent living only, both independent and assisted living, assisted living, both assisted living and memory care, and memory care only.