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Is this home seller’s market coming to an end?

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The median selling price for a single-family home in Greater Boston rose just 1.7 percent over the past 12 months, which may suggest that the seller’s market is coming to an end, according to a report the Greater Boston Association of Realtors released Wednesday.

“The seller’s market is likely over, or at least the balance has shifted,” said Jim Major, association president and an agent with Century 21 North East in Woburn. “With sale prices having begun to stabilize, more homes and condos available for sale, and properties sitting on the market longer, home values have most likely peaked in many areas.”

The median sale price for a single-family home hit $605,000, a record for the month of September, according to the report. The median condo price slipped 4.1 percent to $549,000.

“In many communities, the number of homes for sale has been on the rise since August, and that’s led to slower price appreciation and even some price adjustments, as well as less frequent bidding wars, all of which is good news for buyers,” Major added.

Looking at the statewide numbers, The Warren Group, publisher of Banker & Tradesman, had a different take on the market.

“The Massachusetts single-family housing market continued to set records in September,” said Tim Warren, CEO. “The gain in the median price last month was the biggest monthly gain since March, and the gain in sales of single-family homes is the first time sales have actually increased since May. Until the economy hits a bump in the road, the real estate market in Massachusetts should continue to inch its way upwards.”

Statewide, the median sale price for both single-family homes and condominiums continued to rise in September on a year-over-year basis, according to a report The Warren Group released Wednesday.

Last month, there were 5,017 single-family home sales recorded in Massachusetts, a 1.4 percent increase from September 2018, according to the report. The median single-family sale price rose 5 percent on a year-over-year basis to $399,000, which marked a high for the month of September.

In September, there were 1,970 condominium sales, a 5.6 percent year-over-year increase. Meanwhile, the median sale price jumped 14.3 percent to $375,000 — a high for the month of September.

“Condos have been a hot commodity in 2019, but a double-digit spike in the median sale price is quite remarkable,” Warren said. “In fact, 14.3 percent marked the biggest year-over-year spike for the month of September in 17 years.”

What are condos and single-family homes selling for in your town? Here’s the Greater Boston Association of Realtors’ breakdown for 64 communities:

Central Middlesex County
ActonBedfordBoxboroughConcordHudsonLexingtonLincolnMaynardStowSudburyWayland, and Weston

These communities saw a jump (6.2 percent) in the median single-family selling price, from $730,000 in September 2018 to $774,900 in September 2019. Condo prices, however, slipped 5.5 percent, from $412,500 in September 2018 to $390,000. Single-family homes spent an average of 60 days on the market. For condos, it was 55.

Eastern Middlesex
BurlingtonMaldenMedfordMelrose, North Reading, ReadingStonehamWakefieldWilmingtonWinchester, and Woburn 

These communities saw a 1.2 percent decrease in the median single-family selling price, from $600,000 in September 2018 to $592,850 in September 2019. Condo prices dropped 3.6 percent, from $460,000 in September 2018 to $443,498 in September 2019. Single-family homes and condos spent an average of 38 days on the market.

Metro Boston
Arlington, Belmont, BostonBrooklineCambridge, Chelsea, Dedham, Everett, MiltonNewton, Revere, SomervilleWalthamWatertown, and Winthrop

The median selling price for single-family homes rose 8.9 percent, from $642,500 in September 2018 to $700,000 in September 2019. Condo prices decreased slightly (0.8 percent), from $645,000 in September 2018 to $640,000. Condos spent an average of 46 days on the market. For single-family homes, that number was 44.

Metrowest
AshlandDoverFraminghamHollistonHopkintonMedfieldMedwayMillisNatickNeedhamSherborn, and Wellesley

The median selling price for a single-family home dropped 5 percent, from $654,500 in September 2018 to $622,000 in September 2019. Condo prices jumped 21.8 percent, from $380,000 in September 2018 to $463,000 in September 2019. Single-family homes spent an average of 47 days on the market. For condos, it was 39.

Southern Norfolk County
AvonBellinghamCantonFoxboroughFranklinMansfieldNorfolkNorwood, Randolph, SharonStoughtonWalpoleWestwood, and Wrentham

The median selling price for a single-family home here was $477,500 in September 2019, a 4 percent increase from the September 2018 price of $459,000. Condo prices shot up 29.1 percent, from $300,000 in September 2018 to $387,205. Single-family homes spent an average of 49 days on the market. For condos, it was 53.

City of Boston

The median selling price for a single-family home here was $599,900 in September 2019, a 0.3 percent increase from $598,000 in September 2018. Condo prices fell 4.4 percent, from $674,900 in September 2018 to $645,000. Single-family homes spent an average of 47 days on the market. For condos, it was 50.

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