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| Focus On: Worcester County Housing Market | August 2021 | ||
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| Units Sold 207 |
Active Inventory 341 |
Median Sale Price $376,000 |
Days On Market 26 |
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| Down -27% Vs. Year Ago |
Down -31% Vs. Year Ago |
Up 21% Vs. Year Ago |
Down -69% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 207 sold this month in Worcester County Real Estate versus 225 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 27% versus August 2020. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 153 units or 31%. The total number of active inventory this August was 341 compared to 494 in August 2020. This month's total of 341 is lower than the previous month's total supply of available inventory of 360, a decrease of 5%. |
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Median Sale Price
Last August, the median sale price for Worcester County Homes was $310,000. This August, the median sale price was $376,000, an increase of 21% or $66,000 compared to last year. The current median sold price is 6% higher than in July. 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 282 |
Current Contracts 269 |
Sold Vs. List Price 99.0% |
Months of Supply 1.6 |
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| Down -6% Vs. Year Ago |
Down -20% Vs. Year Ago |
Up 1.4% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In August, there was 1.6 months of supply available in Worcester County. The amount of supply is similar compared to 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 282 homes newly listed for sale in Worcester County compared to 301 in August 2020, a decrease of 6%. There were 269 current contracts pending sale this August compared to 335 a year ago. The number of current contracts is 20% lower than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Worcester County was 99.0% of the average list price, which is 1.4% higher than at this time last year. Days on Market
This month, the average number of days on market was 26, lower than the average last year, which was 85, a decrease of 69%. | |||
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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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