Market Update – Winchester MA

Let’s take a look at what’s been going on in the real estate market in the fair city of Winchester:

Winchester Real Estate Market Stats December 2008

Real Estate Market Update Winchester MA

Winchester’s housing inventory is primarily made up of single family homes. As you can see from the chart above, both the single family homes and condos in the city are still selling in an average time frame and the real estate market for these properties is pretty much at equalibrium. Winchester doesn’t have many multi family homes (at least those that haven’t been converted into condos during the past few years). Unlike most of the surrounding communities where multi family homes sell for more than single family homes, the reverse is true in Winchester and the numbers are showing us that it’s still a buyers’ market for multi family homes in 01890.