---
title: Massachusetts Home Sales Decline October 2018
description: Realtors blame the decline in Massachusetts home sales in October 2018 on the lowest number of single-family houses and condominiums for sale since Massachusetts Association of Realtors began reporting real estate inventory data in 2004.
---

[Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA ](https://info.buyersbrokersonly.com/blog)

# [Massachusetts Home Sales Decline October 2018](https://info.buyersbrokersonly.com/blog/massachusetts-home-sales-decline-october-2018)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | Dec 2, 2018 1:42:58 PM

Massachusetts single-family home sales and condominium sales declined in October compared to October 2017, the Massachusetts Association of Realtors (MAR) reported November 28, 2018.

Single-family home sales declined 3.5 percent to 4,865 sales in October compared to 5,024 in October 2017. [Condo sales](https://info.buyersbrokersonly.com/12-condo-questions) dipped 2 percent to 1,781 in October compared to 1,818 in October 2017.

Realtors blame the decline in home sales in October on the lowest number of single-family houses and [condominiums for sale](https://info.buyersbrokersonly.com/home-listings) since MAR began reporting real estate inventory data in 2004. House inventory dropped 7.4 percent in October on a year-over-year basis while the number of condominium units decreased 1.6 percent. Single-family home inventory has declined 80 of the last 81 months, and condo inventory has been down or flat the last 32 months.

The good news for [homebuyers](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-massachusetts) continuing their home search over the winter is that new single-family listings increased 10.9 percent. The number of new condominiums hitting the market in October spiked 11.1 percent.

The tight real estate market resulted in a 5.4 percent increase in median home prices to $390,000 while condominium prices increased 4.1 percent to $353,000.

[View full post](https://info.buyersbrokersonly.com/blog/massachusetts-home-sales-decline-october-2018)

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