BOSTON -- The median single-family home sale price in Massachusetts reached a new all-time high by the end of 2024, climbing by 7.9% throughout the year to end December at a record $615,000, real estate market analysts at The Warren Group said this week.
That price represents the median of 42,019 single-family home sales in Massachusetts during 2024, a 2.9% increase over a historically-underwhelming 2023. December's results ended the year with increases in both number of homes sold and the median price of those homes. "December alone experienced a 16.1% surge in sales compared to December 2023, with 3,657 transactions and a median price of $600,000, another record for the month," Cassidy Norton, associate publisher of The Warren Group, said on Tuesday. On the condominium side of the market last year, The Warren Group reported a decline in sales though prices followed a similar trend. There were 18,783 condo sales in 2024, a 2.2% decrease from 2023 and the fewest condo sales for any year since 2011.
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