February 2012 Resale Data Rodeo

The median price per square foot was mixed last month, with single
family homes up 2.0% but condos walloped for 4.3%.  In
aggregate, prices by this measure were mildly up simply because a
lot more single family homes than condos sell each month.  In
any case, the single family series tends to be smoother and a more
reliable indicator of what’s really going on, so I’d say February
was a mild win (or at least a tie) for prices: