CENTURY21 Advantage Gold Market Report
Abington, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Abington, PA
Wed Apr 24 2024
This week the median list price for Abington, PA is $500,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $500,000 | |
| Median Price of New Listings | $424,999 | |
| Per Square Foot | $259 | |
| Average Days on Market | 33 | |
| Median Days on Market | 0 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 9 | |
| Median Rent | ||
| Market Action | 78 | |
| Strong Seller's Market | ||
In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,444,450 | 7,585 | 2.5 - 5 acres | 7 | 5.8 | 110 | 0 | 0 | 108 |
| $702,000 | 3,988 | 0.25 - 0.5 acre | 4 | 3 | 83 | 0 | 0 | 31 |
| $462,500 | 1,571 | 6,500 - 8,000 sqft | 3 | 2.5 | 68 | 2 | 1 | 0 |
| $382,000 | 1,506 | 4,500 - 6,500 sqft | 3 | 2 | 94 | 2 | 1 | 0 |