Massachusetts single-family home sales on the rise

Both groups also reported strong sales numbers

BOSTON (AP) — The number of single-family homes sold in Massachusetts in November surged when compared to the same month a year ago, while median process also rose year over year.

The Warren Group, which tracks the market, on Tuesday reported a more than 10 percent year-over-year jump in sales. The Massachusetts Realtors Association said sales jumper more than 8 percent in November compared to November 2014, the sixth consecutive month of year-over year sales increases.

The Warren Group said the median price inched up more than 2 percent last month to $332,000. The Realtors reported a nearly 5 percent increase in the median price to $345,000.

The organizations use slightly different numbers in their calculations.

Both groups also reported strong sales numbers and median prices in the condominium market.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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