Worcester County Housing Market Ends 2020 On High Note
Quarter Four Disrupts All Expectations As Both Home Prices & Sales Continue Unlikely Rise The end of 2020 was marked by the continued meteoric rise of home prices in Worcester County as potential buyers exchanged escalating offers to land available homes during a housing market scarcity. Single-family home prices in 2020 jumped 16% from September to October and 19.3% in November. The median sale price reached $338,375 in October 2020 and [...]
Worcester Median Home Prices Increase Again In August
Worcester Follows Trend As Massachusetts Home Prices Reach All Time High The Worcester housing market continued it's rise this summer as August 2020 showed a 15.1% increase in the single-family home median sale price. While the impact of COVID-19 can be seen in the overall home sales decrease year over year (-4.6%) and less year-to-date home sales (-12.4%), the city’s real estate market has continued to show relative growth month to [...]
Finding An Accessible Home: A Primer For First-Time Buyers
Finding An Accessible Home: A Primer For First-Time Buyers If you have never bought a home before, there’s a lot to learn. From how to choose the best financing to which pieces of information your lender needs, there are many moving parts that have to come together. When you add the need for an accessible property into the mix, there’s even more to know. Here is a quick primer on how to get [...]
Strong Worcester Home Sales Bolster MA Market Rise
Buzzing Worcester Housing Market Contributes to State-Wide Year Over Year Growth In Massachusetts The state-wide housing market in Massachusetts has risen in most categories despite a quarantine-induced stall in home sales. The Worcester Telegram reports, “the median sales price for both single-family homes and condominiums continued to set new records” in Massachusetts. The median single-family sale price increased 8.2% from $425,000 in 2019 to $460,000 in 2020, marking an all-time high [...]
Worcester Named in America’s Top 10 Hottest Cities For Real Estate
Worcester Ranks As Nation's 8th Hottest Housing Market Realtor.com recently ranked Worcester as the 8th hottest real estate zip code in the United States. When discussing Boston area cities and towns with quick listing turnarounds and increasing value, they highlighted Worcester as a thriving market. Boston.com reports that "The median listing price is $318,000, 14 percent lower than metro as a whole and 4 percent lower than the national median," where as [...]