Home sales up in February
What a difference a year makes. Single-family home sales in Massachusetts posted a significant increase in February over numbers from the same month one year ago. Check out the latest from the Massachusetts Association of REALTORS® (MAR)1:
- February saw 4‚383 pending home sales in the Bay State. That’s a 25.2% increase over the 3‚501 in February 2019.
- The median sale price of a single-family home was $396‚900 in February—a jump of $17‚900 from one year ago.
- MAR President Kurt Thompson attributed the strong numbers to February’s mild weather and historically low mortgage interest rates.
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1Eric Berman‚ “Homes put under agreement in February are up for single-family homes and condominiums in Massachusetts‚” Massachusetts Association of REALTORS®‚ last updated March 11‚ 2020.