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.
Here is a snapshot of real estate market for single family homes and condo/townhouses in NORTH READING, MA for the week of October 5th, 2015. (Source: AltosResearch).
Week of October 5th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $599,000 | $339,900 |
Average List Price | $609,530 | $321,915 |
Average Days on Market | 87 | 81 |
No. of Homes On Market | 37 | 13 |
Median House Size | 2,352 sq ft. | 1,287 sq ft. |
Market Action Index | 46.0 - Strong Seller's |
40.2 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in NORTH READING, MA for single family homes this week is $599,000. The 37 properties have been on the market for an average of 87 days. Average price per square foot is $225.
The median list price in NORTH READING, MA for condo/townhouse this week is $339,900. The 13 properties have been on the market for an average of 81 days. Average price per square foot is $225.
SEARCH ALL AVAILABLE NORTH READING HOMES FOR SALE, LIKE I DO!
Comments(11)