Townhouse/Condominium Update-HAR Report
Townhouses and condominiums experienced their fourth consecutive monthly decline, falling 17.6 percent year-over-year with 601 closed sales versus 729 a year earlier. The average price increased 7.5 percent to $257,781 and the median price rose 4.8 percent to $220,000. Both figures are below the historic highs reached in April 2022. Inventory fell from a 2.3-months supply to 2.0 months.