The average price of condos along the coast are up 3.5% comparing March 2023 to March 2022.
Prices are also up YTD compared to last year by 10.3%.
The number of transactions were down 45.8% on condos so far this year compared to 2022.
You can see all the details numbers below, but what
do these numbers tell you?
The numbers tell me that we are still in a very tight market in terms of inventory of condos for sale, and in my opinion will cause a summer surge...only time will tell.
Let me know what you think and if you have any questions.