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