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Worcester MA real estate report: third quarter 2008
Condos

Average sale price in Worcester, July-September 2008: $128,489
Average days on the market July-September 2008: 177.83 days
Number of properties sold July-September 2008: 83
Number of properties under agreement July-September 2008:  64
Active listings: 345 condos

Statistics from third quarter 2007:
Average sale price in Worcester, July-September 2007: $172,988
Average days on the market July-September 2007: 170.43 days
Number of properties sold July-September 2007: 108
Number of properties under agreement July-September 2007:  0
Active listings: 345 condos

You can see prices have declined by 26% since the third quarter last year as well as sales. However, the number of condos/townhouses under agreement is up from 0 to 83 properties. Inventory remains at the same level.

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Live in a truly energy efficient condo. Dickinson Place at 20 William Street in Worcester offers FOUR times the insulation value of other condos. We are so confident in our efficiency we are offering a five year heating cost credit if you are under agreement by Oct 31, 2008. Contact me more for details!

 Real Estate in Central Massachusetts

Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management and apartment rentals. Visit www.worcestermanagement.com for more information.

  

 

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Christina Dowell Realtor, Central MA

Worcester, MA

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Worcester Property Management LLC

Office Phone: (508) 856-0711

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Worcester MA and central MA blog on real estate trends, market reports on central MA, industry news and advice on buying and selling real estate. Worcester Property Management is a full service realty firm who specializes in condo management and buyer's agents in Worcester MA.


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