• Listings above last year for six consecutive weeks. The Bright MLS service area had 5,555 new listings for the week ending March 10. For the sixth week in a row, new listings have exceeded last year. Compared to last year, there has been a 4.1% increase in listings, and over the past week, there was a 2.5% uptick.

• Mid-Atlantic median list price slightly below record high. Following last week’s record-high median list price of $419,000, the current median list price has dipped by 1%, now standing at $415,000. Notably, both last week and this week boast higher median list prices than any week in the previous year, with this week’s price exceeding last year’s by 4.0%.

• Contracts just under last year. This week, there were 5,942 new purchase contracts, which is just below last year by 2.2%. Although supply has made modest gains compared to last year, there’s a notable factor at play: 30-year mortgage rates have recently edged back toward the 7% mark, currently sitting at 6.88% as of the week of March 10.

For Worcester County, specifically in February, the numbers show:

Total Sold Dollar Volume

63,925,957 - 14.3% - 54.7%

Closed Sales

133 - 12.7% - 33%

Median Sold Price

$400,000 - 6.8% - 7.4%

Average Sold Price

$467,971 - 2.8% - 16.7%

Median Days on Market

37 days - 94.7% - 54.2%

Average Days on Market

50 days - 4.2% - 38.9%

Median Price per Sq Foot

$358 - 3% - 12.9%

Average Price per Sq Foot

$366 - 3.4% - 9.3%