The Long & Foster Market Minute

FOCUS ON: WORCESTER COUNTY HOUSING MARKET APRIL 2025

Units Sold
179
Active Inventory
750
Median Sale Price
$425,500
Days On Market
55
Down -5%
Vs. Year Ago
Up 30%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 20%
Vs. Year Ago

Units Sold
There was an increase in total units sold in April, with 179 sold this month in Worcester County Real Estate versus 155 last month, an increase of 15%. This month's total units sold was lower than at this time last year, a decrease of 5% versus April 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 174 units or 30%. The total number of active inventory this April was 750 compared to 576 in April 2024. This month's total of 750 is higher than the previous month's total supply of available inventory of 737, an increase of 2%.

Median Sale Price
Last April, the median sale price for Worcester County Homes was $420,000. This April, the median sale price was approximately the same at $425,500. The current median sold price is 1% higher than in April 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
221
Current Contracts
158
Sold Vs. List Price
97.9%
Months of Supply
4.2
Down -16%
Vs. Year Ago
Down -12%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 37%
Vs. Year Ago

Months of Supply
In April, there was 4.2 months of supply available in Worcester County, compared to 3.0 in April 2024. That is an increase of 37% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 221 homes newly listed for sale in Worcester County compared to 262 in April 2024, a decrease of 16%. There were 158 current contracts pending sale this April compared to 180 a year ago. The number of current contracts is 12% lower than last April.

Sale Price to List Price Ratio
In April, the average sale price in Worcester County was 97.9% of the average list price, which is 1.0% higher than at this time last year.

Days on Market
This month, the average number of days on market was 55, higher than the average last year, which was 46, an increase of 20%.

The Long & Foster Market Minute
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.