Central Massachusetts home prices rise in July due to limited inventory, with median prices increasing in Worcester and Middlesex Counties.
Central Massachusetts home prices rise due to lack of inventory, with Worcester County median increasing 6.9% to $481,000 and Middlesex County median rising 2.4% to $855,000 in July. Statewide sales increased 8.2% compared to July 2023, but high interest rates and limited inventory continue driving prices. Massachusetts home sales in July reached a new record at $650,000, a 6.6% year-over-year increase, with sales ahead of last year's pace.
August 20, 2024
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