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Office/Flex Space Vacancy Rates & Inventory

Montgomery County

Vacancy Rates
Inventory (in square feet)

Vacancy Rates
Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
2006
Montgomery County 8.6% 8.4% 8.6%  
Metro Area 9.3% 9.5% 9.6%  
2005
Montgomery County 10.8% 10.8% 9.7% 8.9%
Metro Area 10.8% 10.6% 10.1% 9.5%
2004
Montgomery County 12.0% 12.0% 11.3% 10.8%
Metro Area 12.4% 12.0% 11.6% 11.2%
2003
Montgomery County 11.6% 11.6% 12.1% 11.9%
Metro Area 13.1% 13.1% 13.1% 12.5%
2002
Montgomery County 10.9% 11.3% 11.5% 11.8%
Metro Area 12.2% 12.6% 12.3% 13.3%
2001
Montgomery County 7.2% 8.1% 9.1% 10.4%
Metro Area 7.3% 9.3% 10.3% 11.3%
2000
Montgomery County 6.3% 5.9% 6.7% 6.8%
Metro Area 6.1% 5.5% 7.0% 6.7%
Source: CoStar Realty Information, Inc.

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Inventory (in square feet)
Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
2006
Montgomery County 75,347,399 75,829,399 75,971,133  
Metro Area 429,621,867 433,153,821 435,652,520  
2005
Montgomery County 75,222,076 75,276,076 75,276,076 75,276,076
Metro Area 422,812,014 424,911,415 429,076,942 427,482,984
2004
Montgomery County 74,086,965 74,228,965 74,686,656 74,912,092
Metro Area 413,195,998 414,189,193 418,367,435 419,631,354
2003
Montgomery County 72,867,726 73,047,060 73,210,935 73,793,449
Metro Area 415,111,556 416,045,823 416,045,823 412,387,764
2002
Montgomery County 70,265,122 71,154,697 71,284,697 72,209,226
Metro Area 405,597,517 408,301,728 410,037,452 413,560,468
2001
Montgomery County 67,728,170 67,918,746 69,059,985 69,967,027
Metro Area 386,417,418 392,085,843 396,385,426 400,517,069
2000
Montgomery County 65,645,320 65,982,289 66,709,335 67,446,226
Metro Area 373,734,674 375,880,452 379,651,304 383,604,616
Source: CoStar Realty Information, Inc.

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