Abington MA Real Estate Market Stats
Home Prices in Abington MA
The median homes sales prices in Abington MA have been fairly steady since the summer of 2011, but are up 10.9% from year ago levels. If you're considering buying a home, you can still find deals on homes in Abington. Having a good real estate agent who understands the market is a must.
A low inventory of homes on the market could suggest that homes are selling fairly quickly. While the median number of days homes in Abington are on the market until sold is the same as they were a year ago, many of the good listings are selling within a few days of hitting the market.
If you're thinking of buying a home in Abington, don’t wait on the sidelines for too long. It's a seller's market in Abington right now, and home owners can command a premium in their asking prices. However, to make sure you don't overpay for your home, you'll want to have an experienced and professional real estate agent who will do a thorough market analysis of the Abington home on which you are making an offer. See a sample market anaalysis here.
Because of the low inventory of homes for sale in Abington, we're seeing multiple offers coming in ─ similar to what we saw back in the early to mid 2000s. However, I wouldn't expect home prices to run up quite as fast as they did back then. Banks and mortgage lenders have significantly tightened their lending guidelines since then, and are no longer giving a loan to anyone with a pulse. Mortgage interest rates are starting to fall again. But a low inventory of homes on the market is one indicator that home sales prices in Abington should continue to rise, albeit slowly.
If you’re interested in how much inventory is currently on the market in Abington, you can find that information by visiting Zip Realty.
Real Estate Report Summary for Abington MA
The data below includes the 5-year trend in the median sales price of homes in Abington. Whether you're a homebuyer or seller, the knowledge you gain here will help put you in control of your real estate transaction. Call or email anytime to discuss how this information can benefit you!
Median Sales Price Trend - Last 5 Years in Abington MA
Trend in Number of Homes Sold per Month in Abington
Trend in Number of Days Homes Are on the Market in Abington
The median number of days that homes were on market fell 14.9% from year ago levels, and is now at 71 days.
Find Homes for Sale in Abington MA
Visit my website to search for homes for sale in Abington or to be notified when homes in Abington that meet your criteria come on the market.
You can also visit my website to find out what your home may worth in the current market.
If you really like this blog post, please comment below and/or share it with your friends.
Comments(0)