Winthrop Real Estate Market Continues Downward Trend in Contracts

Sales inched up in the Winthrop market to 12 homes sold over the last 30 days. But the market is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to 11. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Winthrop, and this period the median price of all sales fell from $444,000 to $364,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Winthrop is a seller's market.

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$1.8M   $265K   $584K  

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Data reported through 10/13/2016

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