The average price on sale of existing condominium and co-operative residential properties in the United States increased between 2015 and 2023. Despite a decline in the number of condo sales in the U.S., the average sales price reached 348,300 U.S. dollars.

In October 2024, the median square footage sales price of a single-family home in the San Francisco Bay Area was approximately 752 U.S. dollars. Condos, on the other hand, sold for 686 U.S. dollars per square foot. The Far North was the most affordable region with sales price of 250 and 203 U.S. dollars for single family homes and condos, respectively.

Graph and download economic data for Condo Price Index for Los Angeles, California (LXXRCSA) from Jan 1995 to Apr 2025 about Los Angeles, HPI, housing, price index, indexes, price, and USA.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in EUR

The typical value of condos sold in the different metropolitan areas in Florida ranged between 142,000 U.S. dollars and 754,000 U.S. dollars in April 2024. Palm Bay and Port St. Lucie were the most expensive metros to buy a condo, while Sebring and Ocala had the most affordable prices. The figures reflect properties in the 40th to 60th percentile range.

Graph and download economic data for Condo Price Index for Chicago, Illinois (CHXRCNSA) from Jan 1995 to Apr 2025 about Chicago, HPI, housing, price index, indexes, price, and USA.

United States Median Existing Home Price: Condos: Midwest data was reported at 191,100.000 USD in Jun 2018. This records an increase from the previous number of 181,900.000 USD for May 2018. United States Median Existing Home Price: Condos: Midwest data is updated monthly, averaging 156,050.000 USD from Jan 1999 (Median) to Jun 2018, with 234 observations. The data reached an all-time high of 202,700.000 USD in Aug 2007 and a record low of 104,900.000 USD in Feb 1999. United States Median Existing Home Price: Condos: Midwest data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB005: Existing Home Sales.

United States Median Home Sale Price: Condo/Co-op: Hawaii data was reported at 458.000 USD th in Jul 2020. This records an increase from the previous number of 436.000 USD th for Jun 2020. United States Median Home Sale Price: Condo/Co-op: Hawaii data is updated monthly, averaging 392.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 481.000 USD th in Apr 2020 and a record low of 288.000 USD th in Jan 2013. United States Median Home Sale Price: Condo/Co-op: Hawaii data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

United States Median Home Sale Price: Condo/Co-op: Florida data was reported at 197.000 USD th in Jul 2020. This records an increase from the previous number of 194.000 USD th for Jun 2020. United States Median Home Sale Price: Condo/Co-op: Florida data is updated monthly, averaging 150.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 199.000 USD th in Mar 2020 and a record low of 87.000 USD th in Feb 2012. United States Median Home Sale Price: Condo/Co-op: Florida data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

Graph and download economic data for Condo Price Index for New York, New York (NYXRCNSA) from Jan 1995 to Apr 2025 about New York, HPI, housing, price index, indexes, price, and USA.

United States Median Home Sale Price: sa: Condo/Co-op: Ann Arbor, MI data was reported at 224.000 USD th in Jul 2020. This records a decrease from the previous number of 240.000 USD th for Jun 2020. United States Median Home Sale Price: sa: Condo/Co-op: Ann Arbor, MI data is updated monthly, averaging 178.500 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 260.000 USD th in Dec 2018 and a record low of 87.000 USD th in Feb 2012. United States Median Home Sale Price: sa: Condo/Co-op: Ann Arbor, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB057: Median Home Sale Price: by Metropolitan Areas: Seasonally Adjusted.

Displacement risk indicator classifying census tracts according to apartment rent prices in census tracts. We classify apartment rent along two dimensions:The median rents within the census tract for the specified year, balancing between nominal rental price and rental price per square foot.The change in median rent price (again balanced between nominal rent price and price per square foot) from the previous year.Note: Median rent calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing.Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in €

BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data was reported at 2,129.000 USD/sq m in 2021. This records an increase from the previous number of 1,933.000 USD/sq m for 2020. BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data is updated yearly, averaging 2,230.500 USD/sq m from Dec 2000 (Median) to 2021, with 22 observations. The data reached an all-time high of 5,194.000 USD/sq m in 2011 and a record low of 994.000 USD/sq m in 2002. BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data remains active status in CEIC and is reported by Brazilian Enterprise for Equity Studies. The data is categorized under Global Database’s Brazil – Table BR.RKA005: Real Estate: Condominium Stock.

In 2022, the median price for a townhouse or condo in the state of Florida was 306,500 U.S. dollars, up from 252,000 U.S. dollars in 2021. Townhouse and condo prices have generally increased since 2012, when the median sale price was 106,620 U.S. dollars.

United States Median Home Sale Price: sa: Condo/Co-op: Boston, MA data was reported at 482.000 USD th in Jul 2020. This records an increase from the previous number of 479.000 USD th for Jun 2020. United States Median Home Sale Price: sa: Condo/Co-op: Boston, MA data is updated monthly, averaging 397.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 520.000 USD th in Mar 2020 and a record low of 290.000 USD th in Mar 2012. United States Median Home Sale Price: sa: Condo/Co-op: Boston, MA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB057: Median Home Sale Price: by Metropolitan Areas: Seasonally Adjusted.

United States Median Home Sale Price: Condo/Co-op: Boston, MA data was reported at 499.000 USD th in Jul 2020. This records a decrease from the previous number of 504.000 USD th for Jun 2020. United States Median Home Sale Price: Condo/Co-op: Boston, MA data is updated monthly, averaging 398.500 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 525.000 USD th in Jun 2019 and a record low of 260.000 USD th in Feb 2012. United States Median Home Sale Price: Condo/Co-op: Boston, MA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

TRREB Releases 2022 Q4 Condo Market Statistics Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021. "While condo market conditions have become more balanced over the past year, there has been enough demand relative to supply to support selling prices. On average, the condo market segment is the most affordable. Therefore, it makes sense that we didn9t see the same type of price adjustment, in the face of higher borrowing costs, compared to other more expensive segments like detached homes," said Toronto Regional Real Estate Board (TRREB) President Paul Baron. Total condo apartment sales amounted to 3,582 in Q4 2022 3 down 54.1 per cent compared to Q4 2021. New listings were also down on a year-over-year basis by 14.3 per cent. The average Q4 2022 selling price was $710,520, which was slightly higher than the Q4 2021 average of $710,246. Looking at individual Greater Toronto Area (GTA) regions, a similar trend played itself out, with average selling prices remaining flat compared to last year. "Condo apartments remain an important segment of the market. They are the key entry point for many first-time buyers. Investor-owned condos are also an important source of rental supply in many parts of the GTA. As immigration into Canada continues at a record pace for the foreseeable future, the GTA will welcome many new households. This should see the demand for condos, in both the ownership and rental markets, strengthen moving forward," said TRREB Chief Market Analyst Jason Mercer.

VITAL SIGNS INDICATOR Home Prices (EC7)

FULL MEASURE NAME Home Prices

LAST UPDATED August 2019

DESCRIPTION Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.

DATA SOURCE Zillow Median Sale Price (1997-2018) http://www.zillow.com/research/data/

Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1997-2018; specific to each metro area) http://data.bls.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Median housing price estimates for the region, counties, cities, and zip code come from analysis of individual home sales by Zillow. The median sale price is the price separating the higher half of the sales from the lower half. In other words, 50 percent of home sales are below or above the median value. Zillow defines all homes as single-family residential, condominium, and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that you own in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums where the homeowners own shares in the corporation that owns the building, not the actual units themselves.

For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Home sales prices are not reliably available for Houston, because Texas is a non-disclosure state. For more information on non-disclosure states, see: http://www.zillow.com/blog/chronicles-of-data-collection-ii-non-disclosure-states-3783/

Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself.

Graph and download economic data for Condo Price Index for San Francisco, California (SFXRCSA) from Jan 1995 to Apr 2025 about San Francisco, HPI, housing, price index, indexes, price, and USA.