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Connecticut
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VACANCY
Apartment
The average Vacancy Rate was 7.2% in the Fairfield County county
Distribution / Warehousing
The average Vacancy Rate was 2.1% in the Fairfield County county
Office
The average Vacancy Rate was 23.2% in the Fairfield County county
Retail
The average Vacancy Rate was 7.8% in the Fairfield County county
RENT
Apartment
The average Asking Rent was $2,407 in the Fairfield County county
Distribution / Warehousing
The average Asking Rent was $9.33 in the Fairfield County county
- Rent in the Fairfield County county was up 0.6% from Q3 2023.
- Rent has risen in every quarter since Q3 2020 in the Fairfield County county.
Office
The average Asking Rent was $36.24 in the Fairfield County county
Retail
The average Asking Rent was $29.73 in the Fairfield County county
VACANCY
Apartment
The average Vacancy Rate was 3.4% in the Hartford metro
- No vacancy change since Q3 2023 in the Hartford metro.
- The Hartford metro had the lowest vacancy level since Q1 2015.
Distribution / Warehousing
The average Vacancy Rate was 7.3% in the Hartford metro
Office
The average Vacancy Rate was 22.9% in the Hartford metro
Retail
The average Vacancy Rate was 12.7% in the Hartford metro
- No vacancy change since Q3 2023 in the Hartford metro.
- The Hartford metro had the highest vacancy level since Q3 1999.
RENT
Apartment
The average Asking Rent was $1,523 in the Hartford metro
- Rent in the Hartford metro was up 1.8% from Q3 2023.
- Hartford metro had its fastest rent rate of increase in five quarters.
Distribution / Warehousing
The average Asking Rent was $6.33 in the Hartford metro
- Rent in the Hartford metro was up 0.5% from Q3 2023.
- Rent has risen in every quarter since Q1 2020 in the Hartford metro.
Office
The average Asking Rent was $22.01 in the Hartford metro
Retail
The average Asking Rent was $18.83 in the Hartford metro
VACANCY
Apartment
The average Vacancy Rate was 3.5% in the New Haven metro
- Vacancy in the New Haven metro drifted downward by 30 basis points.
- The New Haven metro had the lowest vacancy level since Q3 2016.
Distribution / Warehousing
The average Vacancy Rate was 3.1% in the New Haven metro
- Vacancy in the New Haven metro drifted downward by 10 basis points.
- The New Haven metro had the lowest vacancy level since Q1 2017.
Office
The average Vacancy Rate was 21.0% in the New Haven metro
- Vacancy in the New Haven metro rose by 280 basis points.
- The New Haven metro had the highest vacancy level since Q3 1999.
Retail
The average Vacancy Rate was 15.1% in the New Haven metro
- Vacancy in the New Haven metro fell by 60 basis points.
- The New Haven metro had the lowest vacancy level since Q3 2017.
RENT
Apartment
The average Asking Rent was $1,681 in the New Haven metro
Distribution / Warehousing
The average Asking Rent was $7.13 in the New Haven metro
- Rent in the New Haven metro was up 0.7% from Q3 2023.
- Rent has risen in every quarter since Q3 2020 in the New Haven metro.
Office
The average Asking Rent was $21.80 in the New Haven metro
Retail
The average Asking Rent was $17.68 in the New Haven metro
VACANCY
Distribution / Warehousing
Average Vacancy Rate 10.5%
- Drifted upward by 10 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $6.78
- Up 0.1% from year-end 2018.
- Has risen for six consecutive quarters.
- Expected to finish 2019 at.