BOSTON - Massachusetts' housing market had its worst year in more than a decade, with sales and the median price for single-family homes dropping to levels not seen since the mid-1990s, a firm that tracks real estate transactions said yesterday.
The median price - the point where half of homes sell for more and half sell for less - dropped 5.8 percent, from $345,000 in 2005 to $325,000 last year, according to a report released by The Warren Group, a Boston-based publisher of regional real estate data and other financial information. That price had grown 12 straight years, beginning in 1994.
The median price - the point where half of homes sell for more and half sell for less - dropped 5.8 percent, from $345,000 in 2005 to $325,000 last year, according to a report released by The Warren Group, a Boston-based publisher of regional real estate data and other financial information. That price had grown 12 straight years, beginning in 1994.
