For the first time in history, homebuyers in greater Boston will have to shell out over $1 million to afford the median price for a single-family home.

According to the Greater Boston Association of REALTORS®, data released for the month of June shows that the median price for single family homes hit $1,003,250 after hovering near the $1 million point since April.

Additionally, 1,292 homes were sold and 1,528 new single-family homes hit the market, increases of 5.8% and 8.9% respectively. Overall, homes spent longer on the market at a median of 19 days.

“If you needed any more evidence that Greater Boston was one of the most desirable areas of the country to live, you just got it with June’s record median price of a single-family home surpassing $1 million dollars,” said Mark Triglione, president of the Greater Boston Association of REALTORS® and owner of Premier Realty Group, Inc. in Reading.

He continued, “People tuned into local real estate have seen inventory rise in some markets with an increase in number of active inventory and increased number of days on market per listing. This has led some buyers to believe they may see some relief on prices, but the data and buying behavior continues to defy that notion. List to sales price ratio is still over 100% and properties priced right are selling faster than the recent Red Sox turn around.”