Quarter 1 – Worcester County Market Report as of April 1, 2022
Single Family Home Sales:
- Median Sales Price is up 13% ($395,000) from Q1 2021 ($350,000)
- Total Number of Sales is down 10% (1293) from Q1 2021 (1430)
- 378 Active Listings on 4/1/2022 – Down 12 from 4/1/2021
Condominium Sales:
- Median Sales Price is up 22% ($305,000) from Q1 2021 ($249,853)
- Total Number of Sales is down 7% (313) from Q1 2021 (334)
- 94 Active Listings on 4/1/2022 – Down 16 from 4/1/2021
~ Inventory Remains Tight
~ 21 Median Days on Market (Avg. 8 to Offer)
~ 102% Sold to List Ratio
~ Rising Mortgage Rates May Curb Appreciation in 2022