Boston's housing market hits $1M mark for single-family homes

The median single-family home price in Greater Boston reached $1,003,250 last month, the first time the region has hit the seven-figure milestone.

• By the numbers: Prices are up 2.4% from May ($980,000) and 4.5% year-over-year ($960,000).

Why it matters: This cements Boston's reputation as one of the hardest cities in the country to afford a home.