National Real Estate Insights December 2024

The November 2024 median condo/co-op sales price was up 2.8% year-over-year.

U.S. Median Condo/Co-op Sales Price Market Dynamics & Seasonality since 2019*

June 2024

375,000

June 2023

Median sales prices typically rise and fall to seasonal supply and demand trends, and peak for the year in late spring. Sales in one month mostly reflect accepted offers negotiated in the previous month. Appreciation is typically measured on a year-over-year basis.

June 2022

350,000

June 2021

325,000

300,000

275,000

June 2019

250,000

2020 Pandemic hits

Updated through November 2024

225,000

200,000

*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing condos and co-ops, not seasonally adjusted. Does not include new-home sales. Last month price labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.

Made with FlippingBook interactive PDF creator