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NORTH READING Real Estate Market Trends: Week of November 21st, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of November 21st, 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. The 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 November 21st, 2016. (Source: AltosResearch).
Week of November 21st, 2016 Single Family Homes Condo/Townhouse
Median List Price $619,900 $299,000
Average List Price $669,010 $342,340
Average Days on Market 76 4
No. of Homes On Market 29 5
Median House Size 2,500 sq ft. 1,184 sq ft.
Market Action Index 44.9 - Seller's Advsntage 71.6 - Strong Seller's

Data provided by ©2005-2016 Altos Research LLC.

The median list price in NORTH READING, MA for single family homes this week is $619,900. The 29 properties have been on the market for an average of 76 days. The average price per square foot is $263. The most expensive single family listing is at $1,350,000 and the least at $359,900. The median list price in NORTH READING, MA for condo/townhouse this week is $299,000. The 5 properties have been on the market for an average of 4 days. The average price per square foot is $237. The most expensive condo listing is at $659,900 and the least at $139,900.
     

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

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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Praful

Buyers in the Reading, MA area will appreciate the care you took to provide the right information for them to understand this particular market. Anyone interested in buying should be in touch to get your expert advice and guidance.

Jeff

Dec 24, 2016 04:38 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Praful,  I am simply stopping by to wish you a Very Merry Christmas and Happy Happy Everything! 

Dec 24, 2016 05:14 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this report

Dec 24, 2016 05:28 PM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Praful Thakkar - A great real estate update for the North Reading area.  Home owners that are taking some time off for the holidays are going to find this very helpful!

Dec 24, 2016 07:48 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Jeff - Really appreciate it.

Jan 12, 2017 08:00 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Kathleen.

Jan 12, 2017 08:00 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Gita.

Jan 12, 2017 08:00 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Laura - Really appreciate it.

Jan 12, 2017 08:01 PM