$3,898,000
8,866 SqFt
6 Beds
•7 Full Baths
#73322357, Sino-US Realty Team, Listing Office: Keller Williams Realty
Is Winchester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Winchester has remained a Seller's Market.
Key Takeaway
Winchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winchester, MA
How much do homes in Winchester, MA cost?
Median Sold Price
$1,430,000
$527/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$100,000(+7.5%)
Key Takeaway
Homes in Winchester have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Winchester was $1,430,000 in December 2024, up 7.5% from last year, and the median price per square foot was $527.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $362.5K | +0.7% |
| 2 Bedrooms | $760K | $760K | 0.0% |
| 3 Bedrooms | $1.1M | $1.2M | +9.1% |
| 4 Bedrooms | $1.4M | $1.4M | -1.0% |
| 5+ Bedrooms | $2.1M | $2.0M | -1.4% |
Summary: Winchester housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in Winchester, MA
How many homes are available in Winchester, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 67 | 41 | -38.8% |
Summary: The Winchester real estate market had 41 homes for sale in December 2024, a 38.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 20 | 14 | -30.0% |
| 5+ Bedrooms | 21 | 12 | -42.9% |
Summary: The Winchester housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winchester, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Winchester in December 2024, up by 4.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 21% were sold at asking, and 38% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 62 Days | 30 Days | -51.4% |
Summary: Homes in Winchester had an average of 30 days on market in Dec 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winchester are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in Winchester; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
