Average Condo-Townhouse Price: Year-to-date May 2010 vs Year-to-date May 2014
Below graph details the comparison between the average condo-townhouse price in 2010 versus 2014 by city. For example. Kendall’s average condo-townhouse price year-to-date May 2010 was $106,239. Such average price has risen to $147,885 year-to-date May 2014.
Days On Market or DOM – Condo-Townhouse: Year-to-date May 2014
The below chart shows the number of days a property stays in the market for sale until it is sold. For example. Kendall’s DOM year-to-date May 2014 is 123 days. In other words, on average…from the moment a condo-townhouse hits the market for sale until it is sold is approximately 123 days.
Transaction Type – Condo-Townhouse: Year-to-date May 2014
The below graph details the type of sales taking place by city. For example. In Kendall…29% of all sold condo-townhouses are bank owned. Fifty-four percent are regular sales. And 17% of all sold condo-townhouses are short sales.