Is Winthrop Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$607,500
$414/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Winthrop Town have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Winthrop Town was $607,500 in April 2024, up 10.5% from last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $429K | $500K | +16.6% |
| 2 Bedrooms | $460.2K | $470K | +2.1% |
| 3 Bedrooms | $617.5K | $610K | -1.2% |
| 4 Bedrooms | $655K | $807.5K | +23.3% |
| 5+ Bedrooms | $850K | $880K | +3.5% |
Summary: Winthrop Town housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 23.3%, 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The Winthrop Town real estate market had 45 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 15 | 11 | -26.7% |
Summary: The Winthrop Town housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winthrop Town, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Winthrop Town in April 2024, up by 66.7% month-over-month. Of the 15 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 27 Days | -56.8% |
Summary: Homes in Winthrop Town had an average of 27 days on market in Apr 2024, down by 56.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 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 April 2024, 15 homes were sold in Winthrop Town; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
