Median single-family home prices dipped below $1 million again in July after June’s surge. Meanwhile, sales for both condos and single-family homes rose on a yearly basis, according to new data from the Greater Boston Association of REALTORS®.

The median price for a single-family home in greater Boston hit $967,000 last month. That’s a 5.3% yearly increase but a decline from June’s unprecedented $1 million mark.

Home sales saw a 2% yearly boost and new listings increased 4.8% year over year to 1,068. Homes stayed on the market for a median of 22 days, a 15.8% annual increase.

“July can be an inconsistent month for real estate and the numbers this year show it,” said Mark Triglione, President of the Greater Boston Association of REALTORS® and owner of Premier Realty Group, Inc. in Reading. “Typical residential real estate markers are down from June but strong compared to last July. Well priced properties continue to sell fast, for over asking price and with favorable terms for the seller.”

Triglione continued: “The single-family market has more inventory this year than last and some of it is staying on the market longer before an accepted offer. Savvy buyers are discovering value in properties that have been on the market for one to three weeks and it shows with twenty-two median days on market.”

Condo prices hit a median of $699,500, a 5.5% decrease from the same month last year. Sales increased by just 0.1%. New condo listings rose by 16.2%. Time condos spent on the market increased by 24.4% to 28 days.

“Similar to the single-family market, the condominium market has more inventory that is spending more days on market,” said Triglione. “What’s different about the condo market in July is that the units sold for, on average, 98% of asking price compared to the 103% of asking price that single-families sold for. That is the bell ringing for buyers that have been pushed out of the condo market to consider jumping back in.”