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| MAY 2025 | |||
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| Units Sold 165 |
Active Inventory 760 |
Median Sale Price $420,000 |
Days On Market 60 |
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| Down -21% Vs. Year Ago |
Up 29% Vs. Year Ago |
Down -1% Vs. Year Ago |
Up 40% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in May, with 165 sold this month in Worcester County Real Estate versus 190 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 170 units or 29%. The total number of active inventory this May was 760 compared to 590 in May 2024. This month's total of 760 is lower than the previous month's total supply of available inventory of 783, a decrease of 3%. |
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Median Sale Price
Last May, the median sale price for Worcester County Homes was $423,778. This May, the median sale price was $420,000, a decrease of 1% or $3,778 compared to last year. The current median sold price is 3% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 220 |
Current Contracts 161 |
Sold Vs. List Price 97.7% |
Months of Supply 4.6 |
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| Up 2% Vs. Year Ago |
Down -4% Vs. Year Ago |
No Change Vs. Year Ago |
Up 64% Vs. Year Ago |
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Months of Supply
In May, there was 4.6 months of supply available in Worcester County, compared to 2.8 in May 2024. That is an increase of 64% 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. |
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New Listings & Current Contracts
This month there were 220 homes newly listed for sale in Worcester County compared to 215 in May 2024, an increase of 2%. There were 161 current contracts pending sale this May compared to 167 a year ago. The number of current contracts is 4% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Worcester County was 97.7% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 60, higher than the average last year, which was 43, an increase of 40%. | |||
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| *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. | |||
 Information 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. |
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