Condo Sales Seeing Comeback Across Nation

One of the hardest hit housing markets during these past few years have been Condo sales. What once was one of the strongest market performers fizzled into real estate scorn.

While Condo sales remain flat in some areas of the nation such as Chicago and Las Vegas, It appears there just may be signs of life in certain segments of the Condo market across the nation. A number of cities within States that are known for their Condo market have seen an uptick in the sales statistics such as:

Florida

California

Hawaii

Much of the appeal of Condos was driven by both a simplified lifestyle as well as ability to live within desireable areas of a city either for views or location.

The Condo market took an especially hard beating over the last few years which caused in many cases, a larger depreciation than what was experienced by their single family home counterparts. These lower prices are now evidently attracting cost conscious home buyers to take a harder look at this particular segment of the real estate market.

My question is, what is happening to the Condo market within your city?