Landlord & Rentals

What Percent of Homes Sell Over Asking Price in Quincy MA? (2026 Data)

October 25, 2026 By Krista Recker

Last updated: October 25, 2026
FRESHNESS: rate/stat-dependent (over-asking share and sale-to-list ratio move monthly; refresh when Redfin or MLS PIN publishes the next quarter)

MARKET INSIGHTS

What Percent of Homes Sell Over Asking Price in Quincy MA? (2026 Data)

October 25, 2026 | By Krista Recker

Roughly half of Quincy homes still sell above asking: 48.7% of homes sold over list price in Redfin's August 2026 Quincy snapshot, and the average home closed at 101.1% of list price. That average hides a wide split by property type. Single family homes averaged 102.2% of list in MLS PIN data through early June 2026, while condos averaged 99.2%, which means the typical condo sold slightly under asking.

Figures checked against Redfin's Quincy market page (August 2026 snapshot, captured September 17, 2026) and MLS PIN year to date data compiled through June 3, 2026. These are two different windows, so compare them to themselves, not to each other. Portals revise history, so treat these as the numbers on those dates.

Who this applies to

This is for you if any of these fits:

  • You are buying in Quincy and need to decide how far over asking to offer.
  • You are pricing a Quincy home and wondering whether listing low to spark bidding still works.
  • You own a condo and are comparing it to a neighbor's single family sale.
  • You keep hearing "everything goes over asking" and want to know if that is true on your street.

What percent of Quincy homes sell over asking?

48.7% in Redfin's August 2026 Quincy snapshot, captured September 17, 2026. Put the other way, a little over half of Quincy homes sold at or below list price. Both groups are large, so "over asking" describes a coin flip, not a rule.

How far over asking do Quincy homes sell?

On average only about 1% over. Redfin shows a 101.1% sale to list ratio across all home types in that same snapshot, so a home listed at $650,000 averaged roughly $657,000. Averages blend big overbids with price cuts, so an individual winning offer can be far higher.

Property type (MLS PIN, year to date through June 3, 2026) Average sale to list price Months of supply Average days to accepted offer
Single family 102.2% About 1.4 About 22
Condo 99.2% About 3.3 About 33

Rows read on their own: a Quincy single family home averaged 2.2% above list with 1.4 months of supply. A Quincy condo averaged 0.8% below list with 3.3 months of supply, and took about 11 days longer to reach an accepted offer.

Why do single family homes go over asking more than condos?

Because there are fewer of them for sale relative to demand. At about 1.4 months of supply, single family inventory is thin enough that two serious buyers on one house is normal. At about 3.3 months, condo buyers have options and sellers compete on price. Months of supply under 3 generally favors sellers and over 5 generally favors buyers, so condos sit in the middle and single family sits firmly on the seller side.

Is it still a seller's market in Quincy?

For single family homes, yes. For condos, it is closer to balanced. Citywide, Redfin rated Quincy "very competitive" with a median of 21 days on market in its August 2026 snapshot. Those figures describe the whole city, so a condo on a slow street and a renovated single family near the Red Line live in different markets.

How do you know if a specific Quincy home will go over asking?

Check the pricing against recent sales, not the citywide average. A home priced at or just under comparable sold prices tends to draw multiple offers, while a home priced above its comparables tends to sit and take cuts. In practice I look at four things:

  1. The last three to five sold comparables within a mile and the last 90 days.
  2. Days on market for active nearby listings. A listing that has sat past 30 days may have missed its price, though condition and season matter too.
  3. Property type, since single family and condo markets are running at different speeds.
  4. Whether the asking price is set below comps to invite bidding or above comps to leave negotiating room.

What should buyers do about over-asking prices?

Decide your walk-away number before you see the house, and base it on comps. If comps support $680,000 and the list price is $649,000, a $670,000 offer is a reasoned bid, not an overpay. Mortgage rates add pressure: Freddie Mac's survey released September 17, 2026 showed the 30 year fixed at 6.95%, so every extra $10,000 you bid raises your payment too. For tactics, see my guide on how to win a bidding war in Quincy.

What should sellers do about it?

Price at the market, not below it, unless you have a plan for the first weekend. Underpricing to trigger a bidding war can work when inventory is as thin as single family is now. It can backfire on condos, where 3.3 months of supply means buyers have alternatives and may not compete. If your home is a condo, expect to negotiate closer to list.

The Bottom Line

About half of Quincy homes sell over asking, the average is only about 1% over, and the real answer depends on property type: single family runs about 2.2% over list, condos about 0.8% under. Use comps on your specific block, not citywide headlines, whether you are bidding or listing.