Contact Us
Make My Homepage

Median Price of Mass. Single Family Home Up

nick see,flickr

The median sales price of a single-family home in Massachusetts has risen to its highest level in almost six years.

The Warren Group reported Monday that median prices jumped 9 percent last month when compared to June 2012 to $350,000. The Massachusetts Association of Realtors reported a nearly 7 percent year-over-year jump to just over $350,000. Both said it was the ninth consecutive month of year-over-year price rises and the highest they have been since August 2007.

The organizations use slightly different methods in their calculations.

The Realtors reported a 1.6 percent increase in sales of single-family homes last month, while The Warren Group reported a 1 percent jump.

The Realtors president said concern that interest rates would rise and a lack of inventory helped drive up prices and sales.

[Associated Press]

Best of WBSM

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wbsm.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!