NORTH READING Real Estate Market Trends: Week of December 12th 2016

By
Real Estate Agent with LAER Realty Partners
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.

The median list price in NORTH READING, MA for single family homes this week is $639,900. The 25 properties have been on the market for an average of 74 days. The average price per square foot is $257. The most expensive single family listing is at $1,350,000 and the least at $379,000. 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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Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for keeping us up to date on what is going on in North Reading real estate!

Jan 08, 2017 02:31 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

This is indeed a good market.

Jan 08, 2017 02:41 PM #2
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
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