As someone who has lived in Winthrop for over 40 years and been involved in the community, there are many reasons I love it. I love being near the water and the true sense of community.
I love being so close to Boston but in a sense light years away. We don’t live in Boston but have a great view of the city! I love the pride I feel when I come into Winthrop at the end of a long day. I love that I run into people I know all over town. I love living in Winthrop and raising my children in this small town near a big city environment.
I love all the improvements I am noticing to properties all over town.
According to the Greater Boston Association of Realtors using data from From the MLS, Winthrop single family homes are up 64.4% as of November 2013. The median sales price increased 12.8%; Days on market increased 3%; list to sold price is up 2.3% to 93.1% and new listings are up 43.4%.
Because all things are not always what they seem I took a closer look at the available data.
From January 1, 2013 to November 30, 2013 there were 74 single family home sales in Winthrop. I noticed a trend in higher priced homes being not only listed but sold which could also explain the slight uptick in days on market. It generally takes a little longer to sell a high priced home in this area. There were 9 single family homes sales in the $400-500k range, 3 in the $500-600k range, 2 in the $600-700k range and a top sale of $840k.
Looking back at the same time period for 2012 there were a total of 45 single family home sales. There were 6 sales ranging from $400-500k and 1 sale of $630.
