Is Ware, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ware has remained a Seller's Market.
Housing Prices in Ware, MA
How much do homes in Ware, MA cost?
Median Sold Price
$308,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ware was $308,500 in May 2024, up 6.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $196K | N/A |
2 Bedrooms | $274.9K | $252.5K | -8.2% |
3 Bedrooms | $300K | $330K | +10.0% |
4 Bedrooms | $247.5K | $295.5K | +19.4% |
5+ Bedrooms | $299.9K | $345K | +15.0% |
Summary: Ware housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
Belchertown | $379.9K | $426.5K | +12.3% |
Palmer | $285.9K | $318.7K | +11.5% |
Ware | $289.7K | $308.5K | +6.5% |
Housing Supply in Ware, MA
How many homes are available in Ware, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 24 | -7.7% |
Summary: The Ware real estate market had 24 homes for sale in May 2024, a 7.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Ware housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 15 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Ware in May 2024, up by 200.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for Ware, MA
How long does it take to sell a home in Ware, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 45 Days | +4.7% |
Summary: Homes in Ware had an average of 45 days on market in May 2024, up by 4.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Ware; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.