Townhouse/Condominium Update(HAR Report):
Townhouses and condominiums scored another positive month in April. Sales volume rose 3.4 percent with 818 closed sales versus 791 a year earlier. The average price rose 11.6 percent to $273,575 and the median price jumped 17.5 percent to $234,950. Both figures represent the highest pricing of all time. Inventory fell from a 2.6-months supply to 1.5 months.