Townhouse/Condominium Update
Townhome and condominium sales also took a hit in December, falling 7.8 percent, with 506 units selling versus 549 a year earlier. The average price rose 4.6 percent to $206,760 and the median price jumped 8.1 percent to $169,500. Inventory grew from a 3.2-months supply to 3.8 months.