Worcester County saw foreclosure petitions decreased by 39.1 percent in June amid a statewide decrease of 18.3 percent, The Warren Group reported Tuesday.
The median home price in Massachusetts hit its highest mark ever for the month of May and analysts say the steady rise in price stems from low inventory, a seemingly chronic issue in the state's housing market.
Median single-family home sale prices in Middlesex County surpassed $500,000 in April, the highest in the state when excluding Martha's Vineyard and Nantucket.
Single family home sales in the city of Worcester more than doubled in April, as sales statewide fell slightly but continued to outpace last year's growth.
Foreclosure petitions in Worcester County increased by just over one percent in March, according to new statewide data from the Warren Group released Tuesday.