SF Home Sales Plunge in Massachusetts

Single-family home sales in Massachusetts plunged 13.5% in November to 4,130, the lowest level for any November since 1992, according to The Warren Group, a Boston-based publisher of real estate and financial data.The single-family decline was the eighth double-digit percentage drop this year and the 25th sales falloff in the past 28 months, the publisher reported. The median sales price of single-family homes in Massachusetts fell to $315,000 in November, compared with $337,000 a year earlier and $364,000 at its peak in June 2005, the company said. It was the eighth decline in the median home price in the past nine months. The company can be found online at http://www.thewarrengroup.com.