Single-family home sales in Massachusetts last month were the highest for January since 2007 and median prices jumped by double-digit percentages since January 2013.
Home prices in Massachusetts haven’t been this high since 2007.
The median sales price of a single-family home in Massachusetts has risen to its highest level in almost six years.
Spring is the busiest season in the real estate market, and this year is shaping up to be red hot.
The median price of a single-family home in Massachusetts shot up more than 10 percent last month compared to the year-ago month, another indication that the state’s housing market is on the way to recovery.
Home prices in Greater Boston increased slightly in March, according to the S&P/Case-Shiller Home Price Index.
The state’s housing recovery is proving especially kind to sellers of high-end homes.
The state’s housing market continued to show signs of recovery in March, as buyers chased discounted prices and posted the eighth consecutive month of single-family home sale increases.
The pace of house and condominium sales is picking up in Massachusetts, but prices remain below year-ago levels.
Local home prices continue to lose ground and now are tied more closely to a national trend indicating the housing decline might be getting worse.