![](\"https:\/\/www.floridarealtors.org\/sites\/default\/files\/styles\/full_width_main_image\/public\/page\/image\/2019-07\/gettyimages-1009266928_2.jpg?h=472e6be4&itok=kt7uJvHN\")
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More buyers are turning their attention to condos and townhomes these days. Realtor.com\u2019s top 10 list for growth in condo and townhouse prices includes six Fla. cities.<\/span><\/span><\/p>\n<\/div>\n SANTA CLARA, Fla. \u2013 Priced out of the single-family market, more buyers are now turning their attention toward often a more affordable alternative \u2013 condominiums and townhouses. Over the past year, sales have rapidly been on the rise, whether for a permanent residence or even as a second home.<\/span><\/span><\/p>\n Twice as many condos sold in May than a year earlier, according to realtor.com\u00ae data. However, that is being measured against a 46% drop in condo sales in May 2020 compared to 2019. Condo demand plummeted during the first couple of months of the pandemic. More people were desiring space and distance from neighbors \u2013 single-family homes in the suburbs and exurbs surged.<\/span><\/span><\/p>\n Realtor.com\u2019s data team evaluated cities with at least 250 condo, cooperative, and townhouse listings and looked at which ones saw the largest median list price growth from August 2020 to August 2021. Six coastal cities in Florida made realtor.com\u2019s top 10 list for growth in condo and townhouse prices.<\/span><\/span><\/p>\n \u201cPeople from the Northeast are saying, \u2018If I\u2019m going to get stuck because of mandatory quarantines, I\u2019d rather have that happen in Florida than in New York,\u2019\u201d Brad Hunter, the head of Hunter Housing Economics, a market advisory firm, told realtor.com.<\/span><\/span><\/p>\n The following condo markets are seeing the largest price growth, according to realtor.com\u2019s list:<\/span><\/span><\/p>\n 1. Destin, Fla.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 67%<\/span><\/span><\/p>\n Median condo\/townhouse price: $694,050<\/span><\/span><\/p>\n 2. Panama City, Fla.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 58%<\/span><\/span><\/p>\n Median condo\/townhouse price: $395,570<\/span><\/span><\/p>\n 3. Naples, Fla.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 37%<\/span><\/span><\/p>\n Median condo\/townhouse price: $425,050<\/span><\/span><\/p>\n 4. Park City, Utah<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 37%<\/span><\/span><\/p>\n Median condo\/townhouse price: $900,500<\/span><\/span><\/p>\n 5. Panama City Beach, Fla.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 32%<\/span><\/span><\/p>\n Median condo\/townhouse price: $515,000<\/span><\/span><\/p>\n 6. Aspen, Colo.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 31%<\/span><\/span><\/p>\n Median condo\/townhouse price: $1.1 million<\/span><\/span><\/p>\n 7. North Miami Beach, Fla.<\/span><\/strong><\/span><\/span><\/p>\n Annual condo price growth: 22%<\/span><\/span><\/p>\n Median condo\/townhouse price: $192,550<\/span><\/span><\/p>\n See the full list at realtor.com<\/a>.<\/span><\/span><\/p>\n\n