Winchester, MA Real Estate Update January 2009
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Winchester MA Active Listings: There are a total of 60 properties actively on the market with the average price of $1,318,358 in Winchester.
Winchester MA Sold/Sale Pending: There are currently 15 properties with sales pending and 90 properties that closed over the last 6 months. The average sold price for Winchester was $800,793 and average days on market was 81 days. The average current list price to sold price ratio was 93%, meaning these sellers received on average 93% of what they were asking for their property at the time it sold.
Absorption Rate/Supply: The definition of absorption rate is the number of weeks it takes to sell the current inventory at the present rate of sales. Absorption rates tell us how many months of supply is on the market based on historical data. For our purposes, we are tracking data over the last 6 months. The current supply of homes on the market at this time is 3.4 months. What this means is that if your home is priced accurately based on area/condition/comparative data, you can expect that your home may sell within 3.4 months.


Data based on the last 6 months ending on December 31st, data provided by the Multiple Listing Services.
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Click Here to See Last Month’s Winchester MA Real Estate Update!
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February 2nd, 2009 at 5:14 pm
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