Mass. single-family home sales rise 11.3% in 2016

MASSACHUSETTS single-family home sales increased 11.3 percent in 2016. / BLOOMBERG FILE PHOTO/TY WRIGHT
MASSACHUSETTS single-family home sales increased 11.3 percent in 2016. / BLOOMBERG FILE PHOTO/TY WRIGHT

BOSTON – Single-family home sales in Massachusetts in December increased by 4.2 percent from December 2015.

The Warren Group released the figures on Tuesday.

The company says 5,129 single-family homes were sold in Massachusetts in December, compared with 4,924 homes sold in December 2015.

The company says single-family home sales in 2016 increased 11.3 percent from 2015, with 60,751 homes sold through December 2016.

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The company says the median sale price of a single-family home in December was $340,000, a 1.5 percent increase from $335,000 in December 2015.

The company says 1,995 condominiums were sold in Massachusetts in December, a 2.5 percent increase from December 2015. Condo sales in 2016 increased by 8.5 percent from 2015, with 23,962 condos sold in 2016 compared with 22,091 in 2015.

In Bristol County, single-family home sales rose 30.6 percent, to 448 in December from 343 in December 2015. The median sale price was $270,000, a 4.9 percent increase from the median sale price of $257,500 in December 2015.

Year over year, single-family home sales in Bristol County increased 33.5 percent, to 4,985 from 3,733 in 2015.

Condo sales in Bristol County climbed 36.7 percent, to 82 in December from 60 in December 2015. The median sale price rose nearly 13 percent, to $184,000 from $163,000 a year ago.

Year over year, condo sales in the county rose 50 percent, to 936 from 624 in 2015.

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