Is Winthrop Town, 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, Winthrop Town has remained a Seller's Market.
Key Takeaway
Winthrop Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winthrop Town, MA
How much do homes in Winthrop Town, MA cost?
Median Sold Price
$575,000
$415/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Winthrop Town has remained the same since last year.
Summary: The median home sold price in Winthrop Town was $575,000 in March 2024, the same as last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $429K | $472.5K | +10.1% |
| 2 Bedrooms | $444.4K | $470K | +5.8% |
| 3 Bedrooms | $625K | $591.2K | -5.4% |
| 4 Bedrooms | $672.5K | $800K | +19.0% |
| 5+ Bedrooms | $850K | $880K | +3.5% |
Summary: Winthrop Town housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in Winthrop Town, MA
How many homes are available in Winthrop Town, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Winthrop Town real estate market had 41 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Winthrop Town housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Winthrop Town, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Winthrop Town in March 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Winthrop Town, MA
How long does it take to sell a home in Winthrop Town, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 43 Days | +12.9% |
Summary: Homes in Winthrop Town had an average of 43 days on market in Mar 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winthrop Town are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Winthrop Town; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
