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Market Trends & Data

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Ian Hogan
  • Real Estate Agent
  • Worcester, MA
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Worcester MA Multifamily Market Trends - April Data

Ian Hogan
  • Real Estate Agent
  • Worcester, MA
Posted May 27 2024, 18:11

Worcester Listing Inventory has maintained at the same levels as the previous month of March, which in these low inventory times is sometimes all we can ask for. Sales stay on track similar to the previous year with a spike this past month. Similarly Market Supply has remained at a more healthy value, but is not indicating any issue or distress of the market. Sold Price vs List Price indicates the Worcester market has hit an equilibrium on price. It may look like April data is not there but it is nearly at 0%.

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Jason Wray
Pro Member
  • Banker
  • Nationwide
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Jason Wray
Pro Member
  • Banker
  • Nationwide
Replied May 27 2024, 23:06

Ian,

I read your post about the different Cities in MA and wanted to connect.  I am looking to partner up with some seasoned agents in MA, NH, VT, MN.  I have a lot of friends and family in MA and it would be great to have an agent I can send my Approved buyers.  I always get asked when I approve a customer for a mortgage - Do You Have a Good Agent"

If you want send me your email and I can add you to my Realtor contacts.  

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Andrew Freed
Agent
Pro Member
  • Investor
  • Worcester, MA
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Andrew Freed
Agent
Pro Member
  • Investor
  • Worcester, MA
Replied May 30 2024, 03:39

@Jason Wray - Makes sense. Ian and I are on an investor focused team in the Worcester market and always welcome referrals. Feel free to touch base with Ian or myself and happy to assist some of your clients in finding investment properties. That is pretty much all we focus on. 

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