Is Winthrop Town, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winthrop Town is a seller's market

Buyer's
Market

Difference Since June 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

$630,000

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$70,000(+12.5%)

Key Takeaway

Homes in Winthrop Town have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Winthrop Town was $630,000 in June 2024, up 12.5% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $429.5K$485.5K
+13.0%
2 $429K$472.4K
+10.1%
3 $580K$689.4K
+18.9%
4 $708.2K$910K
+28.5%
5+ $850K$915K
+7.6%

Summary: Winthrop Town housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Winthrop Town
+12.5%
Winthrop
+11.2%
Boston
+3.3%
Revere
-2.3%

Housing Supply in Winthrop Town, MA

How many homes are available in Winthrop Town, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5251-1.9%

Summary: The Winthrop Town real estate market had 51 homes for sale in June 2024, a 1.9% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 14
+300.0%
2 1412
-14.3%
3 1513
-13.3%
4 1013
+30.0%
5+ 129
-25.0%

Summary: The Winthrop Town housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winthrop Town, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Winthrop Town in June 2024, up by 7.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
30 Days35 Days+16.4%

Summary: Homes in Winthrop Town had an average of 35 days on market in Jun 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 15 homes were sold in Winthrop Town; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

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