The townhouse and condo market tells a more measured story. Closed sales are up 16 percent while the median sale price sits at $470,000, essentially flat from last year at a 0.2 percent increase. Active inventory has fallen 15 percent to 1,433 units, and months of supply has eased to 10.4 from 13.2, a meaningful improvement even though conditions still favor buyers in this segment. New listings ticked up 1.3 percent, but pending sales slipped 5 percent, hinting at a slightly more selective buyer pool weighing insurance costs, assessments, and building financials before committing. Affordability continues to draw entry level buyers and downsizers into this segment, yet pricing power remains restrained compared with the single family side.