Zero condo apartment sales in March. Twenty new listings came on. None moved. February's five sales weren't a turning point. They were a brief window that closed as fast as it opened.

January had zero condo sales. February had five. March went right back to zero. That's not a market finding its footing. That's buyers stepping in only when prices fall far enough, then stepping back out when they don't. The pattern is clear and it's not improving.

The only condo activity in March came from condo townhouses. Three sold. But apartment condos, which make up the bulk of condo inventory in the Preserve, didn't move at all. If you own an apartment condo, the buyer pool for your unit type is barely showing up.

February's sellers found buyers because they adjusted after January's shutout. March sellers didn't adjust far enough. Twenty listings came on and every single one failed to connect with what buyers would pay. The gap between seller expectations and buyer reality in the condo market isn't narrowing. It's holding steady.

Spring is here and new condo listings keep coming. More supply entering a market where buyers already have options and zero urgency doesn't help condo sellers. It gives buyers more reason to sit and wait for the next price drop.

If you're considering selling your condo in the Preserve, March made it clearer than February did. Buyers exist but they're only acting at prices most sellers can't or won't accept. That dynamic isn't changing anytime soon. Listing above what buyers will pay doesn't preserve your equity. It just delays the conversation you'll eventually have anyway.