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Our Winthrop, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Winthrop as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Winthrop, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Winthrop MA Community Profile & History
Winthrop, Massachusetts is a historic seaside town just east of Boston. Settled in 1635 and incorporated in 1852, the town was named for founding Massachusetts Governor John Winthrop. The community was originally called Winnesimmet and inhabited by Native Americans, and in the early years of English settlement it served as a grazing area for farm animals of the growing Boston colony. In 1637, the land was divided into 17 parcels that were given to 15 prominent Boston men on the condition that they erect a building on the land within 2 years. Many of the early farms were abandoned or sold by the original tenants soon thereafter, though the house of the governor's son Deane still stands today. By the early 19th century a small village had developed.
Situated on a peninsula that extends into Boston Harbor, the town emerged as a popular summer resort in the late 19th century. Wealthy Boston residents erected estates along the peninsula's shores after a bridge to East Boston was completed in 1839, and The Cottage Park Hotel was established in 1850. Dr. Sam Ingalls purchased 43 acres along the Atlantic ocean shore and established a summer colony of several cottages which he named Ocean Spray. Several of the early cottages and summer estates survive today as a living reminder of the area's rich history.
One of the state's smallest communities in land area, Winthrop retains a close-knit, family-friendly atmosphere despite its close proximity to downtown Boston. The town houses several recreational facilities, including beaches, tennis courts, a skating rink, parks, playgrounds and a town landing, all within walking distance. A country club, three yacht clubs, a youth center and a senior center are also available to residents. Several shops and restaurants highlight the newly revitalized downtown, a testament to the community's continued prosperity.
Winthrop Massachusetts Community Information
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Winthrop, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Winthrop Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 105 62 $409185 $199999 $369250 $780000 |
2007 118 70 $360285 $190000 $338000 $700000 |
2008 168 54 $347689 $156000 $326500 $620000 |
2009 105 59 $310742 $105000 $300000 $525000 |
2010 118 58 $303844 $119000 $310500 $462000 |
Average Selling Price of Single Family Homes in Winthrop
| 2006 |  $409185 | |
| 2007 | $360285 | |
| 2008 | $347689 | |
| 2009 | $310742 | |
| 2010 | $303844 |
Winthrop Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 91 64 $269240 $162000 $236750 $525000 |
2007 133 67 $294306 $139000 $276000 $738000 |
2008 134 50 $259662 $105900 $241500 $849000 |
2009 135 77 $256014 $40000 $234000 $643000 |
2010 136 59 $248127 $80000 $225000 $609000 |
Average Selling Price of Condominiums in Winthrop
| 2006 | $269240 | |
| 2007 | $294306 | |
| 2008 | $259662 | |
| 2009 | $256014 | |
| 2010 | $248127 |