Contact Us
Make My Homepage

Single-Family Home Sales Drop in Massachusetts

Getty Images

The number of single-family homes sold in Massachusetts in November dropped by nearly 9 percent when compared to the same month last year, the first year-over-year drop in seven months.

The Massachusetts Association of Reactors attributes the drop to the low number of homes on the market.

But that low number of homes on the market also drove up the median price more than 7 percent, from $295,000 in November 2012 to $316,500 last month, the 14th consecutive month of higher median prices.

The Warren Group, a Boston-based publisher of business data, reported a more modest 2 percent drop in single-family home sales year-over-year, and a 4 percent jump in median prices to $307,000.

The organizations use slightly different figures in their calculations.

[Associated Press]

More From WBSM

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and 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 points, 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 with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wbsm.com using your Facebook account.

*Please note that your points, 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.

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!