Skip to main content

Median Sales Price Records in Massachusetts and New Hampshire

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.

About the author
Jul 24, 2019
DocMagic Founder, CEO Dies Unexpectedly

Dominic Iannitti pioneered the automation of mortgage document preparation, eVault and eSign technologies.

Jul 22, 2024
The Volume Is All The Way Up On 'Fed Speak'

Why Lenders Hang Their Hats On The Fed’s Every Word

Jul 15, 2024
The Sale, The Risk & The Trend

The chronicles of Norcom Mortgage

Jul 08, 2024
A Reading From The Book Of Kyle

A Texas coach and former pastor felt a calling, spawning a best-selling how-to for loan officers

Jul 08, 2024
Mortgage Applications Increase Slightly In Latest Survey

Applications increased 0.8% from one week earlier.

Jun 26, 2024
FHFA Approves Freddie Mac's Second Mortgage Pilot

The GSE's limited program will permit cost-effective cash-out refinances

Jun 24, 2024