Here is a snapshot of real estate market for Condos/Townhomes in NORTH READING, MA for the week of October 6th, 2014. (Source: AltosResearch)
| For Week of October 6th, 2014 | |
| Median Price | $301,200 |
| Average List Price | $332,010 |
| Average Days on Market | 57 |
| Number of Homes On Market | 10 |
| Median House Size | 1,316 sq ft. |
| Market Action Index | 44.6 - 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 $301,200. The 10 properties have been on the market for an average of 57 days.
Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
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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