U.S. condo prices fell 2.2% year over year in May—the second-largest drop on record. Condo sales dropped nearly 12%, with listings piling up an ...

KEY TAKEAWAYS Condo prices in the U.S. dropped 2.2% year-over-year in May, Redfin reported Tuesday. The Salt Lake City metro area saw a 4.2% decline, with prices at $352,000.

Condo prices dipped 2% in May marking second-largest decline on record, report finds By Daniel Miller Published July 3, 2025 11:51am PDT Real Estate ...

Condo prices falling faster than housing prices Why you should care: Redfin reported that sales of condos dipped almost 12% year over year in May, which is more than three times as much as sales ...

Condos could be a good option for millennials and Gen Zers to break into the housing market. ·Fortune·Getty Images—courtneyk Sydney Lake Wed, Jul 2, 2025, 1:55 PM4 min read ...

Investors’ condo purchasing has dropped to one of its lowest levels in the past 10 years — in a shift driven largely by their retreat from Florida, a new study shows.

In the wake of mounting financial pressure and persistent safety concerns, Florida condo owners are finally getting a break as a new law takes effect on July 1. Last week, Gov. Ron DeSantis signed ...

Condos prices fell by 2% in May in the U.S. compared to a year ago, the second-largest drop since 2012—with prices free falling over 30% in some markets—as the pandemic housing boom continues ...

Condo prices are actually falling, and dropped 2% year-over-year in May, according to Redfin. That’s the second-largest decline since the real-estate company started tracking the data in 2012.

Prices in the U.S. condo market reported their second largest year-over-year drop on record in May, according to a new report by Redfin—falling by 2.2 percent compared to a year earlier. In May ...

Now, with inflation and interest rates hovering near 7%, I couldn't even afford the same condo I left if I wanted to. The current estimated value is $193,000 more than I paid for it in 2018.

Additionally, the median list price for a condo in the state has dropped to roughly $350,000, down from a high of $445,000 set in May 2022, but still up roughly $50,000 from pre-pandemic.