October Home Sales Up On Prices, Tax Credits
Single-family home sales increased by 17.2 percent in the Bay State last month, posting the greatest number of October sales since 2005, according to Boston-based real estate tracker The Warren Group.
It was also the fourth consecutive month of sales increases, as median prices for both single-family homes and condos continued to slide.
The median price for a single-family home fell 2.8 percent to $277,000 while the median price for condos dropped 8.1 percent to $240,000.
Prices combined with the $8,000 federal first time homebuyer tax credit pushed sales up during the month.
The Massachusetts Association of Realtors, which includes only transactions that involve a real estate agent in its statistics, said single-family home sales were up 17.7 percent while the median price decreased 2.6 percent to $287,000.
WBJ Web Partners
Most Recent
Most Recent
0 Comments