Commercial Real Estate Market in Washington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 106 off-market properties in Washington, CT. Commercial property asks $3,112/SF to buy and $23.83/SF/Yr to lease.
Market Trends
Washington, CT spans 14.6 square miles in Litchfield County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Washington, CT asks $118/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Washington, CT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Washington, CT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Washington, CT asks $140/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Washington, CT has 1,189 residents in 683 households. Density runs 81 people per square mile. Median household income here is $119,375 and median gross rent $1,716 a month.
1,189
Population
683
Households
1.7
Avg Household Size
53
Median Age
60%
College-Educated
87%
High-School Grad
14.6 sq mi
ZIP Area
81
Density / Sq Mi
$119,375
Median Household Income
$53,582
Median Earnings
$1,716
Median Rent
$1,071,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Washington Depot | — | — |
| Litchfield | — | $15.92 |
| Morris | — | — |
Commercial property in Washington, CT asks $3,112/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Washington?
Commercial property in Washington, CT asks an average of $3,112 per square foot. The 3 most recent recorded sales traded at a median of $170/SF, so asking sits 1726% above the achieved median. Multifamily carries the highest asking price at $140/SF.
How much does it cost to lease commercial space in Washington?
Asking lease rates in Washington, CT average $23.83 per square foot per year.
Where does Realmo's Washington market data come from?
Realmo compiles Washington, CT figures from 5 recent recorded sales, 20 active sale listings, 1 active lease listings, 106 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 1 active for-lease listings in Washington, CT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
