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| Focus On: Winchester City Housing Market | September 2020 | ||
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| Units Sold 35 |
Active Inventory 32 |
Median Sale Price $240,000 |
Days On Market 32 |
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| Up 25% Vs. Year Ago |
Down -62% Vs. Year Ago |
Down -6% Vs. Year Ago |
Up 7% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 35 sold this month in Winchester City Real Estate versus 45 last month, a decrease of 22%. This month's total units sold was higher than at this time last year, an increase of 25% versus September 2019. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 52 units or 62%. The total number of active inventory this September was 32 compared to 84 in September 2019. This month's total of 32 is higher than the previous month's total supply of available inventory of 30, an increase of 7%. |
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Median Sale Price
Last September, the median sale price for Winchester City Homes was $255,250. This September, the median sale price was $240,000, a decrease of 6% or $15,250 compared to last year. The current median sold price is 9% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 40 |
Current Contracts 33 |
Sold Vs. List Price 97.4% |
Months of Supply 0.9 |
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| Up 5% Vs. Year Ago |
Down -15% Vs. Year Ago |
Up 3.6% Vs. Year Ago |
Down -70% Vs. Year Ago |
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Months of Supply
In September, there was 0.9 months of supply available in Winchester City, compared to 3.0 in September 2019. That is a decrease of 70% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 40 homes newly listed for sale in Winchester City compared to 38 in September 2019, an increase of 5%. There were 33 current contracts pending sale this September compared to 39 a year ago. The number of current contracts is 15% lower than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Winchester City was 97.4% of the average list price, which is 3.4% higher than at this time last year. Days on Market
This month, the average number of days on market was 32, higher than the average last year, which was 30, an increase of 7%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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