 |
|
 |
|
FOCUS ON: WINCHESTER CITY HOUSING MARKET |
JUNE 2025 |
|
Units Sold
28 |
Active Inventory
63 |
Median Sale Price
$422,000 |
Days On Market
13 |
|
|
|
|
Down -18%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Down
Vs. Year Ago |
|
|
|
Units Sold
There was a decrease in total units sold in June, with 28 sold this month in Winchester City Real Estate versus 35 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 18% versus June 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 4 units or 7%. The total number of active inventory this June was 63 compared to 59 in June 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 72, a decrease of 13%.
|
|
|
Median Sale Price
Last June, the median sale price for Winchester City Homes was $400,500. This June, the median sale price was $422,000, an increase of 5% or $21,500 compared to last year. The current median sold price is 14% higher than in May.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
32 |
Current Contracts
35 |
Sold Vs. List Price
98.6% |
Months of Supply
2.3 |
|
|
|
|
Up 10%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 0.7%
Vs. Year Ago |
Up 29%
Vs. Year Ago |
|
|
|
Months of Supply
In June, there was 2.3 months of supply available in Winchester City, compared to 1.7 in June 2024. That is an increase of 30% 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.
|
New Listings & Current Contracts
This month there were 32 homes newly listed for sale in Winchester City compared to 29 in June 2024, an increase of 10%. There were 35 current contracts pending sale this June compared to 37 a year ago. The number of current contracts is 5% lower than last June.
|
|
|
Sale Price to List Price Ratio
In June, the average sale price in Winchester City was 98.6% of the average list price, which is 0.7% higher than at this time last year.
Days on Market
This month, the average number of days on market was 13, lower than the average last year, which was 49. This decrease was impacted by the limited number of sales.
|
|
|
 |
*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. |