January 22, 2026
Client Alert: The State of the Condominium Market
Amid the uncertainties of today’s economy, interested buyers and current unit owners may be skittish about the fluctuating sale prices of condominium units. A January 1 Wall Street Journal article paints a gloomy picture: declining demand due to altered preferences and rising condo fees. Preferences have changed, says the article, as working from home lessens the draw of city living, while assessments grow on account of the insurance market and increased maintenance costs. But the article points to a silver lining for condo owners everywhere.