WAKEFIELD — The number of single-family homes sold in town last month was 112.5 percent higher than in January 2024, according to the latest update from The Warren Group, a leading provider of national real estate and transaction data.
The 17 single-families that sold in Wakefield in January went for a median price of $779,000, compared to the eight single-families sold in town in January 2024 that fetched a median price of $700,000.
Three condos also sold in Wakefield last month, for a median price of $795,000. In January 2024, two condos sold for a median price of $717,500.
Across the state, the median single-family home price reached a new all-time high for the month of January, rising 6.4 percent on a year-over-year basis to $585,000, according to The Warren Group.
There were 2,626 single-family home sales in Massachusetts in January, a 9.3 percent increase from January 2024, when there were 2,403 transactions. Meanwhile, the median single-family home price increased 6.4 percent on a year-over-year basis to $585,000, a new all-time high for the month of January.
“Massachusetts saw a total of 2,626 single-family home sales in the first month of the year, marking a 9.3 percent increase from 2024,” said Cassidy Norton, associate publisher and Media Relations director of The Warren Group. “The year began with a record-setting median sale price of $585,000, up 6.4 percent from January 2024.”
Condominiums
There were 1,159 condominium sales in January 2025, compared to 973 in January 2024 – a 19.1 percent increase. Meanwhile, the median condo price increased 4.5 percent on a year-over-year basis to $530,000, up from $507,000 in January 2024, marking a new all-time high for January condo prices.
“There were 1,159 condos sold in January, marking a 19 percent increase from the previous year,” Norton added. “The median sale price reached an all-time high of $530,000, up 4.5 percent from 2024. The increase in sales figures may indicate a rise in inventory as we head into the 2025 spring market, a welcome respite from several years of record-low homes for sale.”
Greater Boston single-family homes
There were 1,229 single-family home sales in the Greater Boston housing market in January 2025, which marked a 10.6 percent increase from January 2024, when there were 1,111 transactions. Meanwhile, the median single-family sale price increased 8.7 percent on a year-over-year basis to $750,000.
Greater Boston condominiums
In January, there were 810 condo sales in the Greater Boston housing market, up from 670 sales in January 2024, marking a nearly 21 percent increase. Meanwhile, the median condo price decreased by 0.8 percent on the same basis to $620,000, down $5,000 from last year’s median of $620,000.
