Townhouse/Condominium Update-HAR Report
Townhome and condominium sales were in decline for the entirety of 2023, although the rate of decline slowed during the final two months of the year. December volume fell 7.0 percent with 411 units sold versus 442 a year earlier. The average price rose 6.7 percent in December to $258,137 and the median price rose 9.3 percent to $235,000. Inventory improved from a 2.0-months supply to 3.5 months.