Massachusetts Single-Family Home Sales On The Rise

house for saleBOSTON (AP) — The number of single-family homes sold in Massachusetts in November surged when compared to the same month a year ago, while median process also rose year over year.

The Warren Group, which tracks the market, on Tuesday reported a more than 10 percent year-over-year jump in sales. The Massachusetts Realtors Association said sales jumper more than 8 percent in November compared to November 2014, the sixth consecutive month of year-over year sales increases.

The Warren Group said the median price inched up more than 2 percent last month to $332,000. The Realtors reported a nearly 5 percent increase in the median price to $345,000.

The organizations use slightly different numbers in their calculations.

Both groups also reported strong sales numbers and median prices in the condominium market.

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