Home Prices Continue To Soar

A new report indicates that the average cost of a new home in Massachusetts this year is over 400-thousand-dollars.

The Warren Group says the median home price is up over three-percent in the first nine months of the year over 2018 levels.

For the month of September, the average home price of 399-thousand-dollars is a five-percent increase over the same month last year.

Condos last month sold for an average of 375-thousand-dollars, a 14-percent increase over last September.

The report says the media price this year in Nantucket is 1 point 5 million dollars.

In Hampden County it is 205 thousand dollars.

(Picture Credit: iStockphoto)

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