Real Estate

Milton Home Sales Drop Slightly in June

Milton was behind a statewide trend that showed a significant boost in single-family home sales last month.

Milton single-family home sales dropped in June, bucking a trend statewide that showed Massachusetts sales climbing in June to the highest level for any month in three years, according to a report published Tuesday by The Warren Group.

Single-family home sales in Massachusetts rose 1 percent in June, the second straight month of increases, according to The Warren Group. A total of 5,591 single-family homes sold in June, up from 5,535 a year earlier.

"The housing market continues to boom locally, and nationally," said The Warren Group CEO Timothy M. Warren Jr. "As long as mortgage rates and home prices don't spike too high, we'll see a very strong recovery year for the market in 2013."

In Milton, however, sales dropped from 38 in June 2012 to 34 last month, a 10.5 percent decrease. Year-to-date sales of single-family homes in Milton are also off last year, down 11 percent to 128 homes from 144 last year at this time.

Norfolk County as a whole saw an uptick in June. The county's communities saw 758 single-family homes sold last month, up from 719 in June 2012. That is a 5.42 percent increase. Year-to-date sales are also up, by slightly more than 2 percent.


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