NORTH READING Real Estate Market Trends:
Week of December 12th, 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 December 12th, 2016. (Source: AltosResearch).
Week of December 12th, 2016 | Single Family Homes | Condo/Townhouse |
Median List Price | $639,900 | $299,000 |
Average List Price | $697,744 | $342,340 |
Average Days on Market | 74 | 4 |
No. of Homes On Market | 25 | 5 |
Median House Size | 2,800 sq ft. | 1,184 sq ft. |
Market Action Index | 50.3 - Strong Seller's | 71.6 - Strong Seller's |
Data provided by ©2005-2016 Altos Research LLC.
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