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2017 Worcester Year in Review

Want to know how the Worcester, Massachusetts real estate market is doing? In this 2017 Year in Review Housing Report, we’re looking at home sales in Worcester for 2017 compared to 2016 and how the market is currently performing in that area.

 

As of December 31st, 2017, a total of 2,248 homes sold in Worcester at an average sale price of $204,357. (These numbers include single-family homes, condominiums, and multi-family sales combined). Total sales are up 10.09% from this same time period in 2016 when 2,042 total homes were sold, and average prices are up 4.44%, from $195,660 in 2016.

Homes Listed in Worcester:

From January 1st to December 31st, there were 2,654 homes listed on the market, up 6.76% compared to 2,486 within the same date range in 2016.

Homes Pending in Worcester:

From January 1st to December 31st, there were 2,361 homes that went pending (contract accepted) up 6.78% compared to 2,211 within the same date range in 2016.

The Worcester market is doing better than the trends in the overall Massachusetts 2017 Year in Review, as sales along with prices increased in 2017.

*Data provided by Warren Group and MLSPin.