Making News in Business
Single-family home sales, prices climb in December
The median sale price of single-family homes in Hampshire County climbed to $301,555 in 2020, up 7.7% from 2019, when the median price was $275,000, according to figures released this week by the Warren Group, a Boston firm that tracks real estate sales.
The number of homes sold in Hampshire County also rose, but only by about 0.5%, to 1,382 in 2020 compared to 1,374 the year before. Sales surged in December, however, jumping 36% to 150 from 110 homes sold in December 2019, the Warren Group reported.
Statewide, there were 61,469 single-family home sales in 2020 — a 3.9% increase from 2019 when there were 59,178 transactions. Meanwhile, the median single-family sale price hit $445,500 — an 11.4% increase on the same basis.