Worcester 2019 Mid-Year Report
As of June 30th, Worcester saw a 2.6% decrease in sales. (These numbers include single-family homes, condominiums, and multi-family sales combined). The first half of 2019 saw 969 home sales compared to 2018 when 995 total homes were sold.
Prices increased by 12%, now up to $238,734 in 2019 compared to $213,152 in the first half of 2018.
Homes Listed in Worcester:
From January 1st to June 30th, there were 1,154 homes listed on the market, down 15.2% compared to 1,361 within the same date range in 2018.
Homes Pending in Worcester:
From January 1st to June 30th, there were 1,136 homes that went pending (contract accepted) down 7.1% compared to 1,223 within the same date range in 2018.
The Worcester market has seen its inventory plummet this year, so it’s no surprise that we are seeing a decrease in sales. It is performing similar to the Massachusetts 2019 Mid-Year Report as sales are down and prices are up.