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Here’s How Much House $1M Buys You Across the US

GREATER BOSTON, MASSACHUSETTS, JUL 18 – Median single-family home price rose 4.5% year-over-year to $1,003,250, with 1,292 homes sold in June, a 19.6% increase from May, Greater Boston Association of REALTORS reported.

  • This June, Greater Boston median single-family home price reached $1,003,250,
  • During the pandemic period, Mark Triglione noted that supply constraints created by the 2008 financial crisis and rising costs drove prices up, including interest rate hikes and soaring construction expenses.
  • Greater Boston Association of REALTORS data shows 1,292 homes sold in June, rising 19.6% from last month and 5.8% year-over-year, according to GBAR data.
  • Affordable housing advocate Jesse Kanson-Benanav warned, `the $1 million milestone is one that anyone really wants to reach`, highlighting need for affordability measures.
  • Following the new inspection law, Oct. 15, Triglione said it could influence the Massachusetts’ Bay State market.
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Here’s how much house $1M buys you across the US

Redfin Real Estate reports a record number of million-dollar homes across the U.S., with prices varying significantly by city and market conditions.

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WBUR broke the news in Boston, United States on Thursday, July 17, 2025.
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