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NORTH READING Real Estate Market Trends: Week of October 5th, 2015

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of October 5th, 2015

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!

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Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Love your marketing style Praful! 

I would add, you have a good heart!

Oct 22, 2015 01:14 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Praful there is a lot of valuable information in this blog about North Reading, and putting it in this format makes it very easy to read and follow.

Oct 22, 2015 09:40 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I love seeing what is going on around the country with the market reports on AR! 

Oct 22, 2015 11:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Seller's market in North Reading - be it condos or single family homes!

Oct 24, 2015 03:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks all for stopping by and your comments.

Nov 24, 2015 03:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Oh thanks Patricia - really appreciate your kind words.

Nov 24, 2015 03:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Goes without saying - based on the report - it's a good market to be in North Reading.

Nov 24, 2015 03:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for kind words George Souto 

Nov 24, 2015 03:25 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

I have learned about Infographics from ActiveRain!

It's valuable to be here in 'Rain.

Nov 24, 2015 03:25 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Lise Howe - and you know a bit about North Reading and Boston area, too.

Happy Thanksgiving.

Nov 24, 2015 03:26 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks all for stopping by and your comments.

Really appreciate it.

Nov 24, 2015 03:26 PM