Winchester, MA Real Estate Update May 2009

Winchester MA Active Listings: There are a total of 109 properties actively on the market with the average price of $1,153,803 in Winchester.

Winchester MA Sold/Sale Pending: There are currently 26 properties with sales pending and 57 properties that closed over the last 6 months.  The average sold price for Winchester was $765,342 and average time on market was 140 days.  The average current list price to sold price ratio was 97%, meaning these sellers received on average 97% 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 7.9 months.  The current supply of homes on the market at this time is 7.9 months.

Data based on the last 6 months ending on April 30th, 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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One Response to “Winchester, MA Real Estate Update May 2009”

  1. [...] Here to See Last Month’s Winchester MA Real Estate Update! Sven Andersen The Andersen Team RE/MAX Leading Edge – Winchester Phone: (781) 625-4249 | [...]