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Connecticut
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VACANCY
Apartment
The average Vacancy Rate was 6.6% in the Fairfield County county
Distribution / Warehousing
The average Vacancy Rate was 3.1% in the Fairfield County county
- The Fairfield County county had the tenth lowest vacancy in the nation and the sixth lowest in the Northeast.
- Vacancy in the Fairfield County county drifted upward by 10 basis points.
- The Fairfield County county had the highest vacancy level since Q1 2022.
Office
The average Vacancy Rate was 23.7% in the Fairfield County county
- Vacancy in the Fairfield County county increased by 70 basis points.
- The Fairfield County county was among the 20 highest vacancies nationally.
Retail
The average Vacancy Rate was 6.9% in the Fairfield County county
- The Fairfield County county had the lowest vacancy in the Northeast region, ninth lowest in the nation.
- Vacancy in the Fairfield County county drifted downward by 10 basis points.
- The Fairfield County county had the lowest vacancy level since Q2 2022.
RENT
Apartment
The average Asking Rent was $2,818 in the Fairfield County county
Distribution / Warehousing
The average Asking Rent was $9.43 in the Fairfield County county
Office
The average Asking Rent was $36.65 in the Fairfield County county
Retail
The average Asking Rent was $30.00 in the Fairfield County county
VACANCY
Apartment
The average Vacancy Rate was 3.6% in the Hartford metro
- The Hartford metro had the ninth lowest vacancy in the nation and the fourth lowest in the Northeast.
- Vacancy in the Hartford metro drifted upward by 10 basis points.
Distribution / Warehousing
The average Vacancy Rate was 4.5% in the Hartford metro
- Vacancy in the Hartford metro declined by 90 basis points.
- The Hartford metro had the lowest vacancy level since Q1 2017.
Office
The average Vacancy Rate was 22.0% in the Hartford metro
- Vacancy in the Hartford metro drifted downward by 20 basis points.
- The Hartford metro had the lowest vacancy level since Q3 2022.
Retail
The average Vacancy Rate was 11.8% in the Hartford metro
RENT
Apartment
The average Asking Rent was $1,613 in the Hartford metro
Distribution / Warehousing
The average Asking Rent was $6.45 in the Hartford metro
Office
The average Asking Rent was $21.82 in the Hartford metro
Retail
The average Asking Rent was $19.11 in the Hartford metro
VACANCY
Apartment
The average Vacancy Rate was 4.8% in the New Haven metro
Distribution / Warehousing
The average Vacancy Rate was 3.2% in the New Haven metro
- No vacancy change since year-end 2024 in the New Haven metro.
- The New Haven metro was among the 20 lowest vacancies nationally.
Office
The average Vacancy Rate was 20.3% in the New Haven metro
Retail
The average Vacancy Rate was 15.6% in the New Haven metro
- No vacancy change since year-end 2024 in the New Haven metro.
- The New Haven metro was among the 10 highest vacancies nationally.
RENT
Apartment
The average Asking Rent was $1,843 in the New Haven metro
Distribution / Warehousing
The average Asking Rent was $7.27 in the New Haven metro
Office
The average Asking Rent was $21.95 in the New Haven metro
Retail
The average Asking Rent was $17.82 in the New Haven metro
- Rent in the New Haven metro was up 0.1% from year-end 2024.
- Rent Has risen for nine consecutive quarters in the New Haven metro.