Is Ware, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$280,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ware was $280,500 in March 2024, down 2.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $196K | N/A |
2 Bedrooms | $244.9K | $250.2K | +2.2% |
3 Bedrooms | $295K | $316K | +7.1% |
4 Bedrooms | $256K | $258K | +0.8% |
5+ Bedrooms | $309.2K | $310K | 0.3% |
Summary: Ware housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
Palmer | $285K | $311K | +9.1% |
Belchertown | $380K | $411K | +8.2% |
Ware | $288.4K | $280.5K | -2.8% |
Housing Supply in Ware, MA
How many homes are available in Ware, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 24 | -25.0% |
Summary: The Ware real estate market had 24 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 13 | 7 | -46.2% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Ware housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 46.2%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Ware in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 44 Days | +8.1% |
Summary: Homes in Ware had an average of 44 days on market in Mar 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Ware; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.