Townhouse/Condominium Update-HAR Report
In June, townhome and condominium sales experienced the first decline, and the trend continued throughout the rest of 2022. December volume fell 46.1 percent with 438 units sold versus 812 a year earlier. The average price dropped 6.6 percent to $241,502 while the median price fell 2.3 percent to $214,999. Inventory improved from a 1.7-months supply to 2.0 months.