Realtors data confirms February price drop
The number of Massachusetts single-family homes sold in February was 1,857, down 22.9 percent from sales in February 2007, and the median selling price fell 4.6 percent to $310,000 last month, the Massachusetts Association of Realtors reported today.
In February, 827 condos were sold in the Bay State, down 34.6 percent from the same month a year ago, said the association, which added that the median selling price for a Massachusetts condo in February was $252,000, down 6.7 percent.
The association's number showed a similar pattern to numbers out yesterday from the Warren Group, a Boston publisher of New England real estate data.
The Massachusetts Association of Realtors reports only sales that involve a real estate agent so its data sample is smaller than that of the Warren Group's.
February numbers for both Massachusetts and the nation reflected a slight improvement over January numbers, offering some hope that housing sales may be nearing a bottom.
(By Chris Reidy, Globe staff)
