June Townhouse/ Condo Market Update

by Joe Pierson

📊 June 2026 Townhome & Condo Market Overview

The June 2026 condo and townhome market remained stable, with slightly higher sales activity, a modest increase in time on market, and slightly lower home prices compared to last year. Inventory also continued to grow, giving buyers more options than they had a year ago.

🏘️ Homes Sold

983 condos/townhomes sold
Up 0.10% from June 2025

➡️ Sales volume was essentially unchanged from last year, showing steady buyer demand despite a growing supply of available homes.

⏳ Median Days on Market

43 median days on market
Up 4.88% from last month

➡️ Condos and townhomes are taking slightly longer to sell than they did in May, suggesting buyers have a little more time to make decisions while the market remains active.

💰 Pricing Trends

Median Price per Sq. Ft.: $244.21

Condo / Townhome

Median Sold Price: $405,000
Down 1.22% from June 2025

➡️ Condo and townhome prices softened slightly year-over-year, though the decline has been modest, indicating values remain relatively stable overall.

📦 Residential Inventory

(Includes all residential property types)

13,883 active listings in 2026
Compared to 13,132 active listings in 2025
Up 5.72% year-over-year

➡️ Inventory continues to increase, providing buyers with more choices while creating a more balanced market. Sellers may face a bit more competition than they did a year ago.

🔍 Market Review

🟢 For Buyers

Buyers have more inventory to choose from and a little more negotiating power.
Homes are taking slightly longer to sell, allowing buyers additional time to evaluate properties.

🔴 For Sellers

Demand remains steady, but increased inventory means pricing and presentation are more important than ever.
Well-priced, move-in-ready properties continue to attract buyers.

📈 Overall Market

The condo and townhome market remains healthy and balanced. While prices have softened slightly and homes are taking a bit longer to sell, buyer demand has remained steady and increased inventory is creating a more favorable environment for both buyers and sellers.