Mass. home, condo sales climb in November

BOSTON – Massachusetts home sales increased 10.3 percent, and condominium sales climbed 16.5 percent, in November, The Warren Group, publisher of Banker & Tradesman, said last week.

A total of 4,011 single-family homes were sold in November, compared with 3,635 a year ago. The median sale price also rose, climbing 2.2 percent to $332,000 from $324,900 last year.

Year to date, single-family home sales have grown 10 percent statewide, with 49,604 single-family homes sold, compared with 45,113 through the first 11 months of 2014, The Warren Group said.

Bristol County exceeded statewide trends, posting a 39 percent increase in single-family home sales in November, to 327 from 235, and seeing a 4 percent increase in median price, to $255,000 from $245,000.

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Year to date, single-family home sales have jumped 11.6 percent in Bristol County, to 3,387 from 3,035 during the year-ago period.

The Warren Group said the condo market in Massachusetts has also been “incredibly strong in its own right,” as there were 1,583 condo sales in November, a 16.5 percent increase from 1,359 sales in November 2014. The median sale price was $325,000, a 12.1 percent increase from the median price of $290,000 in November 2014.

Year to date, there have been 20,152 condo sales, a 6 percent increase from the 19,010 sales through the first 11 months in 2014. •

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