Get Open House delivered to your inbox every Tuesday Morning.

Condo Market at a Glance
Comments () | Published July 13, 2007
Delta Associates, a real-estate research firm in Alexandria, just released its mid-year 2007 Condominium Market Report. The quarterly is chock-full of analysis of condo market sales, prices, and projects in the pipeline.

After a few years of a condo sales slowdown, Delta Associates sees some positive trends. The report shows that sales volume and prices for new condos are holding steady—sales volume in the second quarter of 2007 was the same as the first quarter, when the numbers increased from the second half of 2006.

According to Delta, the report’s findings offer “hope that we will see supply/demand balance by late this year or early next.”

These three charts provide a good longterm view of the boom and falloff in the condo market:


Condos The Real Estate Market

Get all of our real estate and home design coverage delivered directly to your inbox. Sign up for our weekly Open House newsletter.

Subscribe to Washingtonian

Discuss this story

Feel free to leave a comment or ask a question. The Washingtonian reserves the right to remove or edit content once posted.
blog comments powered by Disqus

Posted at 08:36 AM/ET, 07/13/2007 RSS | Print | Permalink | Comments () | Blogs