Townhouse/Condominium Update-HAR Report
Townhouses and condominiums experienced their 13th consecutive monthly decline in June, falling 17.5 percent year-over-year with 617 closed sales versus 748 a year earlier. The average price fell 2.7 percent to $252,845 and the median price dropped 2.5 percent to $217,000. Inventory grew from a 1.6-months supply to 2.8 months, the highest level since March 2021.