Is Winthrop Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winthrop Town have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Winthrop Town was $607,500 in May 2024, up 7.5% from last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $429K | $490K | +14.2% |
| 2 Bedrooms | $476K | $470K | -1.3% |
| 3 Bedrooms | $638.7K | $610K | -4.5% |
| 4 Bedrooms | $683.5K | $817.5K | +19.6% |
| 5+ Bedrooms | $845K | $905K | +7.1% |
Summary: Winthrop Town housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Winthrop Town, MA
How many homes are available in Winthrop Town, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 50 | +2.0% |
Summary: The Winthrop Town real estate market had 50 homes for sale in May 2024, a 2.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Winthrop Town housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winthrop Town, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Winthrop Town in May 2024, down by 18.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 20 Days | 50 Days | +139.0% |
Summary: Homes in Winthrop Town had an average of 50 days on market in May 2024, up by 139% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 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 May 2024, 13 homes were sold in Winthrop Town; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
