Townhouse/Condominium Update(HAR report)
Townhome and condominium sales had a strong finish to a year that saw alternating months of gains and losses. December volume jumped 14.1 percent, with 581 units selling versus 509 a year earlier. The average price rose 10.3 percent to $227,239 and the median price increased 9.1 percent to $185,000. Inventory grew from a 3.7-months supply to 4.0 months.