Wareham Center Real Estate Market Reaches Contracts Low

Over the last 30 days, three homes went under contract in the Wareham Center market, the lowest amount since January. Sales seem to be trending down, falling to 10 homes sold over the same period, and extending a three-week downward trend. In comparison, Sagamore had 12 contracts executed in the same time frame, the most of all nearby cities. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Prices are falling in Wareham Center, and this period the median price of all sales fell from $149,000 to $144,500. With only three months of inventory and rising sales, Wareham Center is a seller's market.

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Demographic facts about Wareham Center:

  • The affordability rating here is 38. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 46.9 inches per year. (U.S. average: 36.5)
  • This area has an income per capita of $30,764.
  • The area's school rating is 53. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016


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