Townhouse/Condominium Update(HAR report)
The townhouse and condominium segment has been on a roller coaster ride throughout 2019, with alternating months of up and down sales. After an 8.2 percent year-over-year rise in September, sales fell 3.2 percent in October with 510 units sold compared to 527 in October 2018. The average price dropped 5.2 percent to $199,045 while the median price rose 6.8 percent to $164,500. Inventory expanded from a 4.3-months supply to 4.7 months.