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NORTH READING Real Estate Market Trends: Week of June 27th, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of June 27th, 2016

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 June 27th, 2016. (Source: AltosResearch).
Week of June 27th, 2016 Single Family Homes Condo/Townhouse
Median List Price $654,900 $419,900
Average List Price $651,322 $414,482
Average Days on Market 42 52
No. of Homes On Market 36 11
Median House Size 2,539 sq ft. 1,520 sq ft.
Market Action Index 57.2 - Strong Seller's 38.9 - 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 $654,900. The 36 properties have been on the market for an average of 42 days. Average price per square foot is $262. The most expensive single family listing is at $999,900 and the least at $209,900. The median list price in NORTH READING, MA for condo/townhouse this week is $419,900. The 11 properties have been on the market for an average of 52 days. Average price per square foot is $250. The most expensive condo listing is at $694,900 and the least at $149,900.

SEARCH ALL AVAILABLE NORTH READING HOMES FOR SALE, LIKE I DO!

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Comments (24)

Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 36 Single Family Homes on the market this week in North Reading.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,539 sq ft in North Reading this week.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the single Family Homes this week in North Reading is 57.2.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in North Reading this week is at $1,000K.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in North Reading this week is at $210K.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single family homes in North Reading this week is $262/sq ft.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A low number of days on market and low inventory shows Single Family Market in North Reading is really hot.

Aug 17, 2017 10:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Based on the median price and the average price, it seems the market for single family homes is steady.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Let me continue with the market trends for condo or townhomes in North Reading this week.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Median List Price of the Condo or townhomes this week in North Reading is $420K.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in North Reading is $414K.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for condo or townhomes this week in North Reading is 52.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 11 condo or townhomes on the market this week in North Reading.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,520 sq ft in North Reading this week.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the Condo or Townhomes this week in North Reading is 38.9.

Aug 17, 2017 10:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in North Reading this week is at $695K.

Aug 17, 2017 10:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in North Reading this week is at $150K.

Aug 17, 2017 10:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the condo or townhomes in North Reading this week is $250/sq ft.

Aug 17, 2017 10:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A low number of days on market and low inventory shows Condo or townhomes Market in North Reading is really hot.

Aug 17, 2017 10:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Based on the median price and the average price, it seems the market for condo and townhomes is steady.

Aug 17, 2017 10:53 PM