Home prices and sales broke records in Greater Boston in October

The 1,433 single-family homes sold last month reflected a 36.9 percent year-over-year increase in sales. The median sales prices for single-family homes and condos hit $700,000 and $575,000, respectively.

The Greater Boston single-family and condo home markets saw record sales in October, according to a report by the Greater Boston Association of Realtors released Tuesday.

The 1,433 single-family homes sold last month reflected a 36.9 percent year-over-year increase in sales, while the median sales price rose to a new record for the month: $700,000. It was $593,000 last October.

In the condo market, 949 units sold, a 9.3 percent year-over-year increase, according to the report. The median sales price, $575,000, also broke records for the month. The median sales price in October 2019 was $549,700.

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Article From: "Boston.com Real Estate"   Read full article

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