Here is a snapshot of real estate market for single family homes in NORTH READING, MA for the week of June 9th, 2014. (Source: AltosResearch)
| For Week of June 9th, 2014 | |
| Median Price | $689,450 |
| Average List Price | $703,285 |
| Average Days on Market | 36 |
| Number of Homes On Market | 40 |
| Median House Size | 3,104 sq ft. |
| Market Action Index | 42.8 - Seller's Advantage |
Data provided by ©2014 Altos Research LLC.
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.
The median list price in NORTH READING, MA this week is $689,450. The 40 properties have been on the market for an average of 36 days.
Inventory is up and Market Action is trending down recently. While dayson- market appears to be trending lower, the overall conditions are weakening a bit.
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.
SEARCH ALL AVAILABLE NORTH READING HOMES FOR SALE, LIKE I DO!
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