Is Winchester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Winchester has remained a Seller's Market.
Housing Prices in Winchester, MA
How much do homes in Winchester, MA cost?
Median Sold Price
$1,375,000
$509/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Winchester was $1,375,000 in June 2024, up 7.8% from last year, and the median price per square foot was $509.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $342.4K | $362.5K | +5.9% |
2 Bedrooms | $722.5K | $760K | +5.2% |
3 Bedrooms | $1.0M | $1.1M | +12.4% |
4 Bedrooms | $1.4M | $1.4M | -2.7% |
5+ Bedrooms | $1.9M | $2.0M | +4.3% |
Summary: Winchester housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in Winchester, MA
How many homes are available in Winchester, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
109 | 100 | -8.3% |
Summary: The Winchester real estate market had 100 homes for sale in June 2024, a 8.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 25 | 22 | -12.0% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 40 | 32 | -20.0% |
Summary: The Winchester housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 12%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
35 | 33 | -5.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Winchester in June 2024, down by 5.7% month-over-month. Of the 33 sold homes, 55% were sold under asking, 12% were sold at asking, and 33% were sold over asking.
Days on Market for Winchester, MA
How long does it take to sell a home in Winchester, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
30 Days | 24 Days | -17.3% |
Summary: Homes in Winchester had an average of 24 days on market in Jun 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 33 homes were sold in Winchester; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.