Massachusetts real estate sales, prices drop in Q2 Premium Content

Slowing attributed to weak job market, overpricing

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A total of 12,439 detached single-family homes were sold in the second quarter of 2006 in Massachusetts, a 10.6 percent decrease from second-quarter 2005, the Massachusetts Association of Realtors reported, marking the fifth straight quarter that sales have declined from the same quarter in the previous year.

The statewide median price of single-family detached homes shrunk for the second straight quarter on a year-over-year basis.

Sales of condominiums declined in the second quarter to 6,185 units, an 8.9 percent dr

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