Bay State Home Prices Drop 6 Percent
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| The median sales price of a single-family home in Massachusetts slipped 5.8 percent to $325,000 in 2006. Most counties in the state, as seen in this map, saw price declines of between 3 percent and 4 percent, while at least three counties experienced modest increases. |
By Aglaia Pikounis
In what economists and longtime Realtors are calling a much-needed correction of a heated housing market, single-family home sales fell 14.4 percent and prices dropped nearly 6 percent in Massachusetts last year.
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