A new housing report is out from the Warren Group and it shows that single family home and condo sales continue its downward trend--but now at a more moderate pace.
The bottom line---fewer housings and condos sold because interest rates are increasing, inventory is lower and everyday consumer prices continue to spike. Year over year- sales down 24 percent.
Year to date sales are down by a little more than 5%.
But because of the short supply median prices are up 8 percent or so to 550 thousand dollars.
In Hampden County sales decreased by a little less than 9 percent ---the median price went up almost 10 percent to about 280 thousand dollars. Hampshire County actually saw a 1 percent increase in sales.
And a median price up 8 percent to about 380 thousand dollars.
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