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Home Sales Down In January

News from the housing market still isn’t getting any better. The Massachusetts Association of Realtors reports that January sales of single-family homes were down 28 percent from the same time last year.

The median price of single-family homes was also down 5.6 percent. Meanwhile, condominium sales fell 34 percent, but the median price for condos was up 3.5 percent.

The total number of single-family homes sold in January was 1,984, which represented a month-to-month drop of 22 percent from December. The median price for houses was down just 0.6 percent from December, to $321,000.

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