Home sales and prices across Massachusetts, Virginia and South Carolina rose in June from their year-ago levels, according to Realtor associations in those states.

In Massachusetts, sales of detached single-family homes totaled 6,084 in June, up 0.5 percent from 6,051 sales posted in June 2004, the Massachusetts Association of Realtors reported. Sales of condominiums were up 19.1 percent from a year ago, with Realtors reporting 2,775 closings in June compared with 2,329 in June 2004.

The median price of a single-family home in the Bay State last month was $373,500, up 4.8 percent from $356,350 a year ago. The median condo price rose 8.3 percent during the same period, from $265,000 in June 2004 to $287,000 in June 2005. The median is a typical market price where half of the homes sold for more and half sold for less.

In Virginia, home sales totaled 15,526 for June, up 1.5 percent from a year ago when 15,295 sales were reported, according to the Virginia Association of Realtors.

Virginia ‘s median existing-home price for June was $182,500, up 19.6 percent from June 2004’s price of $152,625.

In South Carolina, home sales soared 21.7 percent annually in June, rising from 5,893 sales a year ago to 7,173 sales last month, the South Carolina Association of Realtors reported.

Beaufort County saw the biggest increase in sales for the month (58 percent) and Coastal Carolinas (Myrtle Beach/North Myrtle Beach and surrounding areas) saw the next-largest increase (51 percent). Home sales were up significantly in Aiken (35 percent), Piedmont Regional (28 percent) and Charleston area (23 percent).

The median price of homes sold in South Carolina during June was $151,000, an increase of 9.1 percent from the year-ago price of $138,500.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription