The Trend in Home Sales in Abington MA - Improving, or...?

The Trend in Home Sales in Abington MA - Improving, or...?

Home prices in Abington on average are rising! Home prices have risen 8.2% since July of 2009.

The current average listing price of homes for sale in Abington MA is $352,515, up 0.3% from a month ago. Compare this to the current median sales price of $257,000 - where half of sales are above this amount and half below it.

Prices of 2, 3 and 4 bedroom homes are all up from year ago levels. Prices of 2 bedroom homes are up 29.2% while prices of 3 bedroom homes are up 11.3% and 4 bedroom homes are up 6.5% from year ago levels. Below is a chart of the trend of median prices of homes for sale in Abington MA over the past year through July 2010:

Abington Recently Sold Homes

The number of sales for all homes have been rising since January of this year:

Abington Recently Sold Homes

So what does all this mean? Well, if you're looking for a home in Abington, you better not mess around too much. Sales and prices are climbing.

You can still buy a home with no money down with a VA Loan. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. With a MassHousing loan, you can purchase a home with as little as 3.0% down. When you're ready to buy a home, find out how much house you can afford to buy in Abington or in the surrounding area.

Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home in Abington or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.