Townhouse/Condominium Update(HAR Report):
Sales of townhouses and condominiums increased for the 13th consecutive month in September, rising 11.7 percent with 727 closed sales versus 651 a year earlier. The average price rose 12.1 percent to $240,994 and the median price climbed 17.6 percent to $210,000. Inventory fell from a 3.9-months supply to 2.4 months.