Warren Group Report Shows Historic Lows In Market

Another downer of a home sales report out of the Warren Group this morning.

Officials in Barnstable County say that home sales in the last reporting period were off a whopping 31 percent as compared to a year ago. But while sales were down- median prices skyrocketed again to 660 thousand dollars.

Cassie Norton, The Associate Publisher of The Warren Group report says, "Our data shows that MA September single-family home sales reached a 13-year low as limited inventory, rising interest rates, and record-high prices continue to limit opportunities for prospective buyers."

Nantucket home sales were even worse as year over year sales were down by nearly 41 percent.

(Photo by FREDERIC J. BROWN/AFP via Getty Images)


Photo: FREDERIC J. BROWN / AFP / Getty Images

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