Property prices for sale in Worcester (Massachusetts)

The prices in real estate in Worcester, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$353,005
Average price last 6 months
$175.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Worcester has increased during the last 6 months. In November, the average price per sq.feet was $166. In December this price pretty much remained the same at a value of $169 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167.5 to $172.5 per sq.feet. The price per sq.feet has increased 110 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $170 to $186.5 during March, and April.

Average price

Based upon to the price in Worcester (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $347,682. In December This price remains at $346,208. In the following two months the average price has remained the same with regard to the previous two months from $346,945 to $356,855.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $351,900.25 and $355,214.5 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $360,230 they are 56 % more affordable than the average price for Worcester. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $317,356.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $194 / sq.feet, with an average $187 / sq.feet price in Worcester. The properties with the highest average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 3 bedrooms with a price at $216 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $360,230 it is 41 % cheaper than the average price in Worcester. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $242,047 it is 4 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $165 / sq.feet followed by "House" priced at $217 / sq.feet. "Office" is the most costly type of property with a $828 / sq.feet cost followed by "Villa" with an average price of $823 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Worcester
Number of properties used in region Massachusetts
$360,230
$187
3,380
195,658
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value