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Print to PDF Share Facebook Area Report WINCHESTER APRIL 2024 | ALL PROPERTY TYPES Linda Rosenthal Direct: 781-866-3538Cell: 781-866-3538linda.rosenthal@cbrealty.com www.lindarosenthalrealty.com Area Report WINCHESTER FULL MARKET SUMMARY April 2024 | All Property Types Month to Date Year to Date April 2024 April 2023 % Change YTD 2024 YTD 2023 % Change New Listings 38 28 35.71% 114 91 25.27% Sold Listings 22 24 -8.33% 58 41 41.46% Median List Price (Solds) $1,299,000 $1,137,500 14.2% $1,299,000 $1,150,000 12.96% Median Sold Price $1,368,000 $1,207,509 13.29% $1,301,500 $1,200,000 8.46% Median Days on Market 54 65 -16.92% 61 64 -4.69% Average List Price (Solds) $1,399,945 $1,453,912 -3.71% $1,409,698 $1,342,624 5% Average Sold Price $1,414,022 $1,481,896 -4.58% $1,414,948 $1,358,317 4.17% Average Days on Market 56 66 -15.15% 74 74 0% List/Sold Price Ratio 101.8% 103.1% -1.27% 101.1% 101.9% -0.86% SOLD AND NEW PROPERTIES (UNITS) April 2024 | All Property Types Sold Properties | Number of properties sold during the year New Properties | Number of properties listed during the year. MEDIAN SALES PRICE AND NUMBER OF SALES April 2024 | All Property Types Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price. Number of Sales | Number of properties sold. AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET April 2024 | All Property Types Average Sales Price | Average sales price for all properties sold. Average Days on Market | Average days on market for all properties sold. SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE April 2024 | All Property Types Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price. AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE April 2024 | All Property Types Average Sales Price | Average sales price for all properties sold. Properties for Sale | Number of properties listed for sale at the end of month. PROPERTIES FOR SALE AND SOLD PROPERTIES April 2024 | All Property Types Properties for Sale | Number of properties listed for sale at the end of month. Sold Properties | Number of properties sold. AVERAGE ASKING/SOLD/UNSOLD PRICE April 2024 | All Property Types Asking Price | the average asking price of sold properties Sold Price | the average selling price Unsold Price | the average active list price ABSORPTION RATE April 2024 | All Property Types Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property. MONTHS SUPPLY OF INVENTORY April 2024 | All Property Types Months Supply of Inventory | Properties for sale divided by number of properties sold. Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2024 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.