Townhouse/Condominium Update(HAR report)
Townhouse and condominium sales have faced a challenging 2019, with declines every month except April when they eked out a 0.5 percent gain. In May, 648 townhouses and condominiums sold, down 2.6 percent from a year earlier when 665 units sold. The average price fell 2.3 percent to $209,497 while the median price declined a fractional 0.6 percent to $169,000. Inventory grew from a 4.1-months supply to 4.6 months.