Townhouse/Condominium Update(HAR Report):
Townhouses and condominiums rocketed 28.3 percent in October, registering 648 closed sales compared to 506 a year earlier. The average price jumped 10.8 percent to $220,326 and the median price increased 8.2 percent to $178,000. Inventory fell from a 4.6-months supply to 4.1 months.