Townhome/Condominium Update-HAR Report
Houston’s townhome and condominium market continued to experience a decline in demand, with sales falling for the fifth month in a row. A total of 483 units were sold compared to 505 a year earlier, which is a 4.4 percent year-over-year decline. The average price was down 3.3 percent to $261,702, and the median price dropped 4.6 percent to $230,000.