Mass. Home Prices Reach All-Time High in November
Massachusetts’ median single-family home price reached an all-time high last month, even as the condo market remained subdued.
Massachusetts’ median single-family home price reached an all-time high last month, even as the condo market remained subdued.
The statewide median single-family sale price hit $600,000 in Massachusetts in November even as lower buyer demand – linked to election worries, in one observer’s eyes – kept year-on-year increases low.
Massachusetts home sales followed a familiar pattern in November, with the numbers of both single-family houses and condominiums dropping by double-digit percentages while both property types’ median sale price marched upwards.
Massachusetts home sales surged last month, reaching the highest number of transactions recorded for November on record, according to a new report from The Warren Group, publisher of Banker & Tradesman.