Raleigh-Durham office market reports

2024 Q3 highlights and trends

The Raleigh-Durham office market experienced little change from Q2 2024 by traditional commercial real estate metrics, but demand trends are showing that that trend is likely to change in the coming quarters and years. Hiring has increased for office using employers and population continues to grow heavily in Raleigh-Cary.

0.7%

Population growth in the Raleigh-Cary CBSA

Raleigh-Cary has continued to grow in population while Durham-Chapel Hill has seen a decline of 0.2% over the same 1-year period.

65.1%

Trophy properties ask 65.1% higher average asking rents than Class A properties

Amenities and quality in trophy class properties are marginally better, but the price difference is staggering.

141.1%

Increase in office using non remote job postings YTD

Employers who use office space are interested in hiring more talent for in office positions, a sign of good things to come for office landlords.

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Your source for the latest Raleigh-Durham office market reports

Get in-depth office market reports and insights from commercial real estate experts in the greater Triangle area. Avison Young advisors look at Raleigh-Durham commercial real estate activities and the latest Raleigh-Durham statistics to provide you expert market research on Raleigh-Durham's office properties.

Explore different topics like the latest office market pricing trends and analysis of Raleigh-Durham's current office real estate market conditions. Gain a better understanding of Raleigh-Durham’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Raleigh-Durham's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Raleigh-Durham.