Mass. home sales up in July - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Mass. home sales up in July

Posted: Updated:

BOSTON (AP) - Sales of single-family homes jumped 27 percent in Massachusetts last month when compared with the same month in 2011, the best July in seven years.

The Warren Group, a Boston publisher of real estate data, said Wednesday nearly 5,000 single-family homes sold last month, up from just fewer than 4,000 last July.

The Massachusetts Association of Realtors reported a nearly 23 percent jump in sales of single-family homes, the 13th consecutive month of year-over-year sales increases.

The organizations use slightly different methods in their calculations.

Median prices remained fairly stable. The Warren Group reported a less than 1 percent rise in median prices to $318,000, while the Realtors group reported a nearly 2 percent increase to $328,500.

Both groups reported a large increase in condominium sales.

PHOTO CREDIT: Flickr (http://www.flickr.com/photos/sercasey/)

Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices