Townhouse/Condominium Update(HAR Report):
Sales of townhouses and condominiums increased for the 15th consecutive month in November, rising 16.8 percent with 683 closed sales versus 585 a year earlier. The average price jumped 16.0 percent to $258,970 and the median price increased 10.5 percent to $210,000. Inventory fell from a 3.7-months supply to 2.1 months.