Local

Report: Mass. Single-Family Home Prices Rose, Sales Fell Slightly

View Comments
(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

BOSTON (AP) – A real estate group says prices for single-family homes rose again last month in Massachusetts even as sales fell off slightly compared to a year ago.

The Massachusetts Association of Realtors reported Tuesday that the median price for a single-family home was $365,000 in June, compared to $351,000 in June 2013, a 4 percent increase.

The median price for a condominium rose 3 percent to hit a record high of $330,000 last month.

The organization said sales in June were down about 1 percent. But a separate report Tuesday, from the Warren Group, a Boston-based publisher of business data, reported a modest rise in single-family home sales in June compared to the same month a year ago.

The Warren Group also said prices for single-family homes and condos were higher last month.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

MORE LOCAL NEWS FROM CBS BOSTON

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,162 other followers