Is Abington, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Abington has remained a Seller's Market.
Key Takeaway
Abington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Abington, MA
How much do homes in Abington, MA cost?
Median Sold Price
$530,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Abington have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Abington was $530,000 in May 2024, up 9.3% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $256K | +8.9% |
| 2 Bedrooms | $415K | $443.2K | +6.8% |
| 3 Bedrooms | $506K | $537.5K | +6.2% |
| 4 Bedrooms | $599.5K | $628K | +4.8% |
| 5+ Bedrooms | $657K | $690K | +5.0% |
Summary: Abington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 5%.
Housing Supply in Abington, MA
How many homes are available in Abington, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Abington real estate market had 37 homes for sale in May 2024, a 2.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Abington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abington, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Abington in May 2024, up by 36.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for Abington, MA
How long does it take to sell a home in Abington, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 18 Days | -7.5% |
Summary: Homes in Abington had an average of 18 days on market in May 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Abington are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Abington; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
