Intelligence

Regional Summaries

Select a state to view available market snapshots

Fairfield County

Apartment
The 39,222-unit Fairfield County apartment market tightened in the first quarter of 2019, but its vacancy rate remains far higher and its rent gains far more modest than anyone might have imagined before the Great Recession. The vacancy rate fell 20 basis points to 6.1%. It is up 60 year-over-year. In the first quarter of 2019 the average asking rent increased 0.3% to $2,158 per month, and the average effective rent rose 0.4% to $2,035 per month. The year-over-year gains are 1.6% and 0.8%, respectively.
Office
Fairfield County's 40.85-million-square-foot general purpose, multi-tenant office market first quarter 2019 vacancy rate is 23.6%, down 30 basis points for the quarter and up 30 year-over-year. In the first quarter the average asking rent fell 0.1% to $35.78 psf, with the average effective rent unchanged at $29.94 psf. Rents are down 0.2% and 0.1%, respectively, year-over-year.
Retail
The 8.9-million-square-foot Fairfield County community-neighborhood shopping center market vacancy rate is 7.2%, up 30 basis points for the first quarter of 2019 and up 180 year-over-year. The average asking rent fell 0.6% in the first quarter to $30.01 psf, with the average effective rent down 0.5% to $27.22 psf.

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.