@Jane344I do something similar to @Suzanne302
I do something similar. As more bookings come in for any particular month, I start bumping up the prices, although I don't usually start after just one booking unless it is a longish one. I will consider raising the prices earlier from now on.
I also have a monthly target, which is the minimum amount I want to achieve each month and, once I have achieved that, I bump up all remaining nights and am fine if some of them don't get booked because I don't need them to be unless I am getting a good rate for them.
I have also gradually raised my base prices since I started hosting, but not by too much as I don't want this to affect my position in search results.
One thing that has complicated this though is that I am trying to attract more long-term guesfs so I don't want to price them out. I do have a long-term discount though and could try raising the nightly price AND the discount so it's still affordable for them but I would have to figure out the maths. What I do though is as soon as I have another long-term booking, I bump up the prices between that and the other long-term ones, e.g. the dates that are left available for short-termers.