$3,859 Closing Credit*
$325,000
782 SqFt
2 Beds
•1 Full Bath
#73319603, Quinn Nguyen, Listing Office: Engel & Volkers Boston
Is Winthrop, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Winthrop has remained a Seller's Market.
Key Takeaway
Winthrop is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winthrop, MA
How much do homes in Winthrop, MA cost?
Median Sold Price
$675,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$117,056(+21.0%)
Key Takeaway
Homes in Winthrop have sold for 21% more than they did a year ago.
Summary: The median home sold price in Winthrop was $675,000 in November 2024, up 21% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $395K | -13.2% |
| 2 Bedrooms | $472.4K | $460K | -2.6% |
| 3 Bedrooms | $590K | $682K | +15.6% |
| 4 Bedrooms | $708.2K | $835K | +17.9% |
| 5+ Bedrooms | $862.5K | $949K | +10.0% |
Summary: Winthrop housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Winthrop Town | $555K | $685K | +23.4% |
| Winthrop | $557.9K | $675K | +21.0% |
| Revere | $613.5K | $650K | +5.9% |
| Boston | $789.7K | $819K | +3.7% |
Housing Supply in Winthrop, MA
How many homes are available in Winthrop, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 46 | -9.8% |
Summary: The Winthrop real estate market had 46 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Winthrop housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winthrop, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Winthrop in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Winthrop, MA
How long does it take to sell a home in Winthrop, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 41 Days | +147.5% |
Summary: Homes in Winthrop had an average of 41 days on market in Nov 2024, up by 147.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winthrop are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Winthrop; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
