January Home Sales in Sudbury Rise From Last Year

Single-family home sales in Massachusetts rose more than 10 percent in January to 2,680, reaching the highest level since 2007, according to new data from The Warren Group, publisher of Banker & Tradesman.

And Sudbury followed suit, as well.

Single-family home sales in town rose more than 55 percent, while the median sale price rose more than 50 percent.

January home sales in the Bay State were up over last year's 2,436 sales. This is the highest January sales volume for single-family homes in Massachusetts in five years, when there were 2,953 transactions in January 2007.

The median sale price of single-family homes in Massachusetts increased for the fourth consecutive month in January. Median sale prices rose 6.8 percent in January to $277,750, up from $260,000 in January 2012. This is the highest median home price for January in three years.

Condominium sales statewide also rose in January, increasing almost 11 percent to 1,006 from 907 in January 2012. This is the first January since 2008 where home sales broke the 1,000 mark.

There were no condo sales reported in Sudbury in January 2013. Only one was reported in 2012.