Is Winchester, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchester is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Winchester has remained a Seller's Market.

Key Takeaway

Winchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Winchester, MA cost?

Median Sold Price

$1,252,750

$483/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$50,250(+4.2%)

Key Takeaway

Homes in Winchester have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $325K$330K
+1.5%
2 $587.5K$614.9K
+4.7%
3 $955K$1.0M
+7.6%
4 $1.2M$1.4M
+12.9%
5+ $1.6M$1.8M
+10.1%

Median Sold Price Compared To Nearby Cities

Stoneham
+15.0%
Arlington
+8.6%
Woburn
+7.6%
Medford
+6.6%
Winchester
+4.2%

How many homes are available in Winchester, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
112101-9.8%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 64
-33.3%
2 1515
0.0%
3 3033
+10.0%
4 2421
-12.5%
5+ 3728
-24.3%

Number of Homes Sold

Jun 2022Jul 2022%
4224-42.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchester, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
24 Days25 Days+5.0%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winchester are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Winchester, MA

Homes for sale in Winchester, MA have reached 101. The number of homes for sale in Winchester, MA decreased by 9.8% between June 2022 and July 2022. Listings spent 25 days on the market in July 2022, and had a median list price of $1,252,750 during the same period. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 1.5% more expensive, prices of 2 bedrooms properties went up by 4.7%, prices of 3 bedrooms properties went up by 7.6%, 4 bedrooms properties became 12.9% more expensive, the cost of 5 bedrooms properties went up by 10.1%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 33.3%, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 10%, 4 bedrooms homes inventory decreased by 12.5%, 5 bedrooms homes became 24.3% less available. Over 14 listings were sold over their listed price in July 2022 in Winchester, MA. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price.

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