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.
Sales of single-family homes in Massachusetts surged by double-digits last month when compared to October of last year according to two organizations that track the real estate market.
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A drop in sales of single-family homes in Massachusetts in February when compared with the same month last year was due to low inventory, according to two organizations that track the market.
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The Massachusetts Association of Realtors says the number of single-family homes sold in the state in January jumped almost 16 percent when compared to the year-ago month, the 19th consecutive month of year-over year increases.
The Warren Group reported a 38 percent increase in home sales compared to November 2011, and a 2 percent hike in median prices.
Sales of single-family homes in Massachusetts jumped by more than 20 percent in October when compared to the same month last year, more evidence of a market recovery.
Two organizations that track the Massachusetts real estate market say sales of single family homes remained healthy in September in part because of stabilized prices.
Sales of single-family homes in Massachusetts were up more than 20 percent in August when compared to the same month a year ago.