National Real Estate Insights 11/2024

The October 2024 median condo/co-op sales price was up 1.6% year-over-year.

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

June 2024

375,000

June 2023

June 2022

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.

350,000

June 2021

325,000

300,000

275,000

June 2019

250,000

2020 Pandemic hits

Updated through October 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.

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