CONDO/TOWNHOUSE Median sales price rose 19.6% to $250,000 over
the same period last year. Average sales
price and average price per square foot
increased 11.7% and 15.6% respectively
over the same period. Market share
for purchases financed by mortgages
increased by 1.1% to 26.1%, the highest
share in over a year. Cash purchases still
dominated with a 72% market share…

were 543 sales in the second quarter,
22.6% more than during the prior year
quarter. All price indicators posted doubledigit
gains even though the average sales
size fell 2.7% to 1,936 over the same period.
Median sales price surged by 25.5% to
$269,900 from the prior year quarter…