Skip to main content

Median Sales Price Records in Massachusetts and New Hampshire

Phil Hall
Jul 24, 2019
Photo credit: Getty Images/Feverpitched

June was a very profitable month for the housing markets in Massachusetts and New Hampshire, with median sale prices for both single-family homes and condominiums reaching new highs, according to data from The Warren Group.
 
Last month in Massachusetts, the median single-family sale price rose 2.1 percent on a year-over-year basis to a record $429,000. This occurred while the number of single-family home sales fell 9.6 percent from 7,217 in June 2018 to 6,523 last month. On the condo side, the median sale price soared 9.1 percent to a new peak of $420,000, marking the second consecutive month that the median sale price has exceeded $400,000. And as with single-family home sales, there were fewer condo transactions: 2,620 sales in June versus 2,969 sales one year earlier, an 11.8 percent decrease.
 
Over in New Hampshire, the median single-family sale price ascended 6.8 percent on a year-over-year basis to $299,000, an all-time high for the state. While prices soared, sales dropped: 1,698 single-family home sales were recorded, a 12.7 percent decrease from June 2018 when there were 1,946 transactions. The same pattern stretched into the state’s condo market: the median sale price rose 2.9 percent to break a record level at $217,000 while June’s 538 sales was a 6.4 percent slump from the 575 sales in June 2018.

 
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021
Mortgage Lenders Expect Profit Margins To Shrink

69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.

Industry News
Jun 14, 2021
Real Estate Industry Calls To End Eviction Moratorium On June 30, 2021

Expanding the moratorium will only increase levels of debt on renter households and impede the recovery of the housing sector.

Industry News
Jun 14, 2021