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The Boston Globe

Business

Mass. single-family home prices rose 18% last year

In another sign that the housing market may be on the mend, the median sale price of single-family homes in Massachusetts rose more than 12 percent in December to $300,000, the first time since August that median home prices have broken the $300,000 mark, the Warren Group said Thursday.

Looking at the entire year, the Warren Group added that single-family home sales in Massachusetts rose 18 percent in 2012, marking 12 consecutive months of year-over-year sales gains and the best year on record since 2006.

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