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Connecticut
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VACANCY
Apartment
The average Vacancy Rate was 8.5% in the Fairfield County county
- Vacancy in the Fairfield County county drifted downward by 20 basis points.
- Vacancy is expected to finish 2022 at 8.4% in the Fairfield County county.
Distribution / Warehousing
The average Vacancy Rate was 3.8% in the Fairfield County county
- No vacancy change since year-end 2021 in the Fairfield County county.
- The Fairfield County county had the lowest vacancy level since Q1 2017.
- Vacancy is expected to finish 2022 at 3.8% in the Fairfield County county.
Office
The average Vacancy Rate was 22.3% in the Fairfield County county
- Vacancy in the Fairfield County county drifted downward by 20 basis points.
- The Fairfield County county had the lowest vacancy level since Q2 2014.
- Vacancy is expected to finish 2022 at 23.4% in the Fairfield County county.
Retail
The average Vacancy Rate was 6.5% in the Fairfield County county
- The Fairfield County county had the lowest vacancy in the nation.
- No vacancy change since year-end 2021 in the Fairfield County county.
- The Fairfield County county had the lowest vacancy level since Q1 2018.
RENT
Apartment
The average Asking Rent was $2,383 in the Fairfield County county
- Rent in the Fairfield County county was down 0.6% from year-end 2021.
- Rent is expected to finish 2022 at $2,418 in the Fairfield County county.
Distribution / Warehousing
The average Asking Rent was $8.50 in the Fairfield County county
- Rent in the Fairfield County county was up 1.1% from year-end 2021.
- Rent Has risen for six consecutive quarters in the Fairfield County county.
- Rent is expected to finish 2022 at $8.70 in the Fairfield County county.
Office
The average Asking Rent was $36.25 in the Fairfield County county
- Rent in the Fairfield County county was up 0.2% from year-end 2021.
- Rent Has risen for six consecutive quarters in the Fairfield County county.
- Rent is expected to finish 2022 at $36.16 in the Fairfield County county.
Retail
The average Asking Rent was $29.52 in the Fairfield County county
- The Fairfield County county remained flat rent since year-end 2021.
- Rent is expected to finish 2022 at $29.64 in the Fairfield County county.
VACANCY
Apartment
The average Vacancy Rate was 4.0% in the Hartford metro
- No vacancy change since year-end 2021 in the Hartford metro.
- The Hartford metro had the lowest vacancy level since Q3 2015.
- Vacancy is expected to finish 2022 at 4.0% in the Hartford metro.
Distribution / Warehousing
The average Vacancy Rate was 10.2% in the Hartford metro
- Vacancy in the Hartford metro drifted upward by 40 basis points.
- The Hartford metro was among the 20 highest vacancies nationally.
- Vacancy is expected to finish 2022 at 8.9% in the Hartford metro.
Office
The average Vacancy Rate was 19.3% in the Hartford metro
- Vacancy in the Hartford metro increased by 110 basis points.
- The Hartford metro had the highest vacancy level since Q2 2016.
- Vacancy is expected to finish 2022 at 18.8% in the Hartford metro.
Retail
The average Vacancy Rate was 10.4% in the Hartford metro
- No vacancy change since year-end 2021 in the Hartford metro.
- The Hartford metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 10.4% in the Hartford metro.
RENT
Apartment
The average Asking Rent was $1,419 in the Hartford metro
- Rent in the Hartford metro was down 0.4% from year-end 2021.
- Rent is expected to finish 2022 at $1,447 in the Hartford metro.
Distribution / Warehousing
The average Asking Rent was $5.83 in the Hartford metro
- Rent in the Hartford metro was up 0.9% from year-end 2021.
- Rent Has risen for eight consecutive quarters in the Hartford metro.
- Rent is expected to finish 2022 at $6.00 in the Hartford metro.
Office
The average Asking Rent was $21.83 in the Hartford metro
- Rent in the Hartford metro was up 0.4% from year-end 2021.
- Rent is expected to finish 2022 at $21.74 in the Hartford metro.
Retail
The average Asking Rent was $18.76 in the Hartford metro
- Rent in the Hartford metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $18.78 in the Hartford metro.
VACANCY
Apartment
The average Vacancy Rate was 4.4% in the New Haven metro
- Vacancy in the New Haven metro drifted upward by 30 basis points.
- Vacancy is expected to finish 2022 at 4.8% in the New Haven metro.
Distribution / Warehousing
The average Vacancy Rate was 4.8% 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.
- Vacancy is expected to finish 2022 at 4.8% in the New Haven metro.
Office
The average Vacancy Rate was 19.9% in the New Haven metro
- Vacancy in the New Haven metro drifted upward by 30 basis points.
- Vacancy is expected to finish 2022 at 19.8% in the New Haven metro.
Retail
The average Vacancy Rate was 15.8% in the New Haven metro
- No vacancy change since year-end 2021 in the New Haven metro.
- Vacancy is expected to finish 2022 at 15.3% in the New Haven metro.
RENT
Apartment
The average Asking Rent was $1,584 in the New Haven metro
- Rent in the New Haven metro was up 1.7% from year-end 2021.
- Rent is expected to finish 2022 at $1,626 in the New Haven metro.
Distribution / Warehousing
The average Asking Rent was $6.50 in the New Haven metro
- Rent in the New Haven metro was up 1.6% from year-end 2021.
- Rent Has risen for six consecutive quarters in the New Haven metro.
- Rent is expected to finish 2022 at $6.65 in the New Haven metro.
Office
The average Asking Rent was $21.81 in the New Haven metro
- Rent in the New Haven metro was down 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $21.98 in the New Haven metro.
Retail
The average Asking Rent was $17.59 in the New Haven metro
- Rent in the New Haven metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $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.