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Worcester 2018 Mid-Year Report

Want to know how the Worcester, Massachusetts real estate market is doing? In this Mid-Year Report, we’re looking at home sales in Worcester for the first half of 2018 versus the first half of 2017 and how the market is currently performing.

As of June 30th, a total of 995 homes sold in Worcester at an average sale price of $213,152. (These numbers include single-family homes, condominiums, and multi-family sales combined). The number of home sales stayed the exact same from this same time period in 2017, yielding no change.  Home sales went up 8.87% with an average price of $213,152, up from $195,785.

Homes Listed in Worcester:

From January 1st to June 30th, there were 1363 homes listed on the market, up .44% compared to 1,357 within the same date range in 2017.

Homes Pending in Worcester:

From January 1st to June 30th, there were 12224 homes that went pending (contract accepted) down 3.01% compared to 1,262 within the same date range in 2017.

The Worcester market is continues to be a strong market considering how the market performed on a grander scale as illustrated in our 2018 Mid-Year report, with sales at least keeping up year over year, and prices, pending and listeds only showing slight decreases if at all.