U.S. Median CONDO/CO-OP Sales Price Long-Term Market Dynamics, by Month, since 2000*
2023-2024
The November 2024 median condo/co-op sales price was up 2.8% year-over-year.
2022
350,000
Generally speaking, condo and co-op sales are typically concentrated in more expensive, urban- area markets, where they constitute a more affordable alternative to houses. They make up about 10% to 11% of national home sales.
300,000
2020
250,000
2005-06-2007
Market recession, foreclosure crisis
Pandemic hits ▲
200,000
150,000
2000
100,000
Updated through November 2024
50,000
*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing condo and co-op sales only, does not include new-project sales. Last month labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.
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