Worcester Community Information
Worcester Community Information
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,549,500 |
-2% |
|
-9% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,724,218 |
-4% |
|
-6% |
|
|
|
|
April Median Sales Price |
$ 1,212,500 |
-22% #### -24% 446 % |
$ 224,900 |
5 % |
1 % |
April Average Sales Price |
$ 1,261,250 |
-19% #### -21% 388 % |
$ 266,534 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
26 |
-13% |
-33% |
|
|
|
|
April Number of Properties Sold |
4 |
#### |
#### |
|
7 |
75 % |
|
April Average Days on Market ( Solds ) |
102 |
-64% -35% |
6 % |
-30% |
157 |
1 % |
8 % |
April Month ' s Supply of Inventory |
6.5 |
-57% -64% -83% -81% |
18.2 |
-45% |
-46% |
April Sale Price vs List Price Ratio |
93.4 % |
-. 1 % 2.2 % #### |
2.7 % |
91.4 % |
2 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 4 , up 300.0 % from 1 in April of 2015 and 100.0 % higher than the 2 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 7 are running 75.0 % ahead of last year ' s yearto-date sales of 4 .
Prices The Median Sales Price in April was $ 1,212,500 , down 24.2 % from $ 1,600,000 in April of 2015 and down 22.4 % from $ 1,562,500 last month . The Average Sales Price in April was $ 1,261,250 , down 21.2 % from $ 1,600,000 in April of 2015 and down 19.3 % from $ 1,562,500 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 26 , down 13.3 % from 30 last month and down 33.3 % from 39 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 6.5 months was at its lowest level compared with April of 2015 and 2014 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1
3 Mo Avg
0 -1
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 13
14 15
16
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,900 1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
M 6013
60 50 40 30 20 10 0
50 40 30 20
47
10 0
44 47 41
J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F M A |
|
|
|
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
44 44
41
45 45
Total Inventory & Month ' s Supply of Inventory ( MSI )
44 45 41
45 35
41
35
37 37
37
39
37 39
35
34 38 37
43 48 48
M |
J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
13 |
|
|
|
|
14 |
|
|
|
|
15 |
35
34 38 37
43
44 41 39 42 44
39
|
|
|
60.0 |
|
|
|
50.0 |
|
|
|
40.0 |
|
|
|
30.0 |
|
|
|
20.0 |
F M A M J |
J |
A |
S O N D
J
F M A
10.0
16
|
|
|
|
0.0 |
42
39 43 43 44 44
38
30 30
M |
J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F M A |
13 |
|
|
|
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
48 48
44 41 39 42 44
39 42
39 43 43 44 44
33 38
30
3 Mo Avg
30 26
30 33
2 2 0 3 1 3 3 0 0 0 0 1 2 0 2 0 1 0 1 0 1 2 0 1 2 1 1 1 1 0 0 2 0 1 2 4
30 26
60.0 50.0 40.0 30.0
20.0 10.0 0.0
40 | c o l d w e l l b a n k e r h o m e s . c o m