 |
|
 |
|
FOCUS ON: WINCHESTER CITY HOUSING MARKET |
JULY 2025 |
|
Units Sold
37 |
Active Inventory
61 |
Median Sale Price
$399,500 |
Days On Market
47 |
|
|
|
|
Up 6%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Up
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in July, with 37 sold this month in Winchester City Real Estate versus 31 last month, an increase of 19%. This month's total units sold was higher than at this time last year, an increase of 6% versus July 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is lower by 2 units or 3%. The total number of active inventory this July was 61 compared to 63 in July 2024. This month's total of 61 is lower than the previous month's total supply of available inventory of 70, a decrease of 13%.
|
|
|
Median Sale Price
Last July, the median sale price for Winchester City Homes was $375,000. This July, the median sale price was approximately the same at $399,500. The current median sold price is 7% higher than in July 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
26 |
Current Contracts
27 |
Sold Vs. List Price
98.3% |
Months of Supply
1.6 |
|
|
|
|
Down -42%
Vs. Year Ago |
Down -27%
Vs. Year Ago |
Down -1.4%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
|
|
|
Months of Supply
In July, there was 1.6 months of supply available in Winchester City, compared to 1.8 in July 2024. That is a decrease of 8% 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 26 homes newly listed for sale in Winchester City compared to 45 in July 2024, a decrease of 42%. There were 27 current contracts pending sale this July compared to 37 a year ago. The number of current contracts is 27% lower than last July.
|
|
|
Sale Price to List Price Ratio
In July, the average sale price in Winchester City was 98.3% of the average list price, which is 1.4% lower than at this time last year.
Days on Market
This month, the average number of days on market was 47, higher than the average last year, which was 26. This increase 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. |