Townhouse/Condominium Update(HAR Report)
Townhome and condominium sales staged a strong finish to a year that, as with all other housing types, experienced sharp declines in April and May as a result of the COVID-19 pandemic. December volume rose 10.9 percent with 659 units sold versus 594 a year earlier. The average price was statistically flat at $227,856 while the median price fell 2.7 percent to $180,000. Inventory dwindled from a 3.9-months supply to 3.3 months.