MELROSE — The 110 single-family homes that were sold in the city through the end of July fetched a median price of $865,000, slightly ahead of what the median price was for the same period in 2023.

According to the most recent report from The Warren Group, a leading provider of real estate and transaction data, both the number of single-family homes sold and their median sales price is higher than in 2023. Last year, through the end of July, 98 single-families sold here for a median price of $856,000.

For the month of July 2024 19 single-family houses were sold for a median sales price of $845,000. In July 2023, 13 single-families sold for a median sales price of $1 million.

Statewide, single-family home and condo sales both increased in July on a year-over-year basis as median prices continued to reach new highs, according to The Warren Group.

Last month, there were 4,427 single-family home sales in Massachusetts, an 8.2 percent increase from July 2023. Meanwhile, the median single-family sale price increased 6.6 percent on a year-over-year basis to $650,000, up from $610,000 in July 2023 – a new high for the month of July.

“Yes, a median sale price of $650,000 was a new all-time high for the month of July, and month after month prices are setting new records, but price gains are smaller than they could be,” said Cassidy Norton, associate publisher and media relations director of The Warren Group. “Interest rates are more than double where they were two years ago, and I’m certain prices would be even higher without those changes. That does lead to a lack of inventory that may have abated price gains somewhat. Unfortunately, the lack of inventory will continue to be the biggest factor driving prices for the foreseeable future.”

Year-to-date, there have been 22,879 single-family home sales in Massachusetts, a 0.8 percent increase from the first seven months of 2023. Meanwhile, the year-to-date median single-family home price increased 6.6 percent on the same basis to $650,000.

Condominiums

There were 1,947 condominium sales in July 2024, compared to 1,886 in July 2023 – a 3.2 percent increase. Meanwhile, the median sale price rose 1.8 percent on a year-over-year basis to $565,000 – a new all-time high for the month of July.

“The median condo price also reached a new high for July, but prices were down moderately from the previous month,” Norton added. “This could be an early indicator that condo prices are starting to plateau.”

Year-to-date, there have been 10,901 condo sales, a 3.2 percent decrease from the first seven months of 2023 with a median sale price of $545,000, a 4.8 percent increase on the same basis.

In Melrose, nine condos sold in July for a median price of $588,000, compared with the four condos that sold in the city in July 2023 for a median price of $475,500.

Through July, 33 condos had been sold in the city for a median price of $565,000. During the same period in 2023, 46 condos had sole for a median price of $446,625.

Greater Boston single-family homes

There were 2,311 single-family home sales in the Greater Boston housing market in July 2024, which marked an 11.8 percent increase from July 2023 when there were 2,067 transactions. Meanwhile, the median single-family sale price increased 3.2 percent on a year-over-year basis to $800,000.

Greater Boston condominiums

In July, there were 1,447 condo sales in the Greater Boston housing market, up from 1,404 sales in July 2023, marking a 3.1 percent increase on a year-over-year basis. Meanwhile, the median condo price remained unchanged on the same basis to $650,000.