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Thursday, April 12, 2018

Worcester’s listings down, sales prices up

The Coastal Association of Realtors delivered its annual report to the Worcester County Commissioners this week, and while the local market doesn’t quite reach 2007’s heights, the association’s view is that the county is now firmly a seller’s market.

And while prices and inventory are lower than they were during the boom, more homes have been sold, more new contracts have been signed and a greater volume of homes have been sold in 2017 than had been a decade before.

Worcester County, inclusive of its municipalities, has 4,332 active listings in 2017, which has been trending down since 2013 and is significantly down from 2007’s 6,716 active listings, according to the association’s report.

But, in 2017 2,385 homes were sold, up from 2013’s 1,703 and much higher than 2007’s 1,522 homes.

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