Old Hill Retail

Old Hill

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,670
As of: May 22, 2017

Old Hill Rates

The typical asking rate per listing is in the $30's per square foot per year. The Old Hill region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 44% decline in rent.

Compared to the rest of the Fairfield market, the Old Hill submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Old Hill Listing Supply

In the last 90 days, 9 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,670 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1979 and are Class A.

Old Hill Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this area. Most of the occupants of Old Hill work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Old Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Hill.
Research

Westport Submarkets