Market Reports
ROCK publishes quarterly market reports designed to survey and gauge the state of commercial real estate conditions across multiple counties. The publications offer thoughtful, forward-looking insight into trends, strategies and opportunities in the local office, industrial, and retail markets.
Vacancy is up 46 basis points since last quarter; the second consecutive increase following a five-year low of 2.39% in 2022. After peaking in 2021...
Vacancy rate begins to level decreasing only 12 basis points. Absorption remains negative year-to-date as more square feet...
Vacancy increases for second consecutive quarter following five-year lows dropping below 5% last year. Absorption is negative year-to-date...
Vacancy increased for a second consecutive quarter following a two-year decline but remains 250 basis points below the nationwide average of...
Downsizing remains a significant factor for leasing decisions as average unit size is down 58% compared to 2019. Vacancy begins upward movement ...
Median unit size over past five years is between 1,800-2,000 SF. 43% of available inventory is within this size range. High demand, low vacancy, and...
Vacancy rate increased for the first time since Q1 2021. After decreasing only 6 basis points in Q3, vacancy ticked upward 44 basis points in Q4...
New vacancies are outpacing leased square feet, and the office market is working harder to absorb the vacant space...
The year-end outlook for York County retail remains positive due to decreasing vacancy, increasing average lease rate and upward momentum in...
After decreasing for eight consecutive quarters, vacancy ticked up 19 basis points in Q4 2022. Though the uptick in vacancy is...
The office sector remains in a state of flux influenced by elevated costs and evolving user preferences. Unit size, for example, has decreased...
Although sale volume continues to increase year-over-year, median sale price decreased in 2022 for the first time in five years...