2018 Sales by the Numbers: 

 

2017

2018

Hotel Condo 89 80
Condo 135 128
Townhouse 139 94
Half-Duplex 33 34
Single Family 98 85
Building Lots 11 13

TOTAL

506

435

Breakdown by Property Type:

Hotel Condos

A total of 80 Hotel Condos changed hands on MLS in 2018 accounting for 18.4% of the total resale real estate market which, is an amazing feat given that traditional financing does not apply on these types of properties.  With that in mind, buyers have few options other than using entirely their own funds or a combination of cash plus a line-of-credit.  Very few of these condos are kept as primary…

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