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October single-family home sales jump 21% in Mass.

Sales of Massachusetts single-family homes in October rose 21 percent from the same month a year ago, and condo sales increased for the ninth straight month, the Warren Group reported Tuesday.

A total of 4,044 single-family homes were sold in Massachusetts in October, compared with 3,340 sales in October 2011, said the Warren Group, a Boston firm that tracks real estate activity.

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“Home sales for the first 10 months of the year have already surpassed sales in all of 2011,” Warren Group chief executive Timothy M. Warren Jr. said in a statement. “Record low mortgage rates, an improved economy, and growing consumer confidence are boosting the housing market in Massachusetts and around the country.”

The median price of single-family homes remained unchanged at $270,000 in October, the lowest monthly median price since March, when prices were $263,000, the Warren Group added.

Bay State condo sales for October were up 48.8 percent on a year-to-year comparison basis, and the median condo price was $255,000, a 0.79 percent increase from a year ago, the Warren Group said.

The Massachusetts Association of Realtors, meanwhile, issued a separate monthly report on the state’s housing market. The association uses a different methodology to track real estate activity.

According to the association, Massachusetts single-family median home prices in October had their biggest monthly increase since June 2010.

The median selling price for single-family homes in October was $287,000, up 4.4 percent from $275,000 in October 2011, the association said.

That increase “could be a strong sign of the start of an upward trend,” association president Trisha McCarthy said in a statement.

Chris Reidy can be reached at reidy@globe.com.
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