Massachusetts home sales declined 31.6 percent in March 2008 compared to March 2007, the Boston Herald reported April 28, 2008.
The data comes from The Warren Group, a publisher real estate market information. Just 2,637 homes changes hands in March in the Commonwealth.
The median price of a single-family home in Massachusetts sank more than 10 percent to $304,000.
Bank-owned properties and short sales certainly are putting downward pressure on prices.
Condominium sales dropped 35.6 percent, but condo prices fell just 1.8 percent.
Read The Boston Herald Article
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