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NORTH READING Real Estate Market Trends: Week of January 11th, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of January 11th, 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 January 11th, 2016. (Source: AltosResearch).
Week of January 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $549,900 $429,999
Average List Price $603,624 $456,000
Average Days on Market 103 81
No. of Homes On Market 17 5
Median House Size 2,312 sq ft. 1,800 sq ft.
Market Action Index 45.2 - Strong Seller's 51.5 - Strong Seller's

Data provided by ©2005-2014 Altos Research LLC.

The median list price in NORTH READING, MA for single family homes this week is $549,900. The 17 properties have been on the market for an average of 103 days. Average price per square foot is $247. The most expensive single family listing is at $1,399,900 and the least at $299,000. The median list price in NORTH READING, MA for condo/townhouse this week is $429,999. The 5 properties have been on the market for an average of 81 days. Average price per square foot is $238. The most expensive condo listing is at $720,000 and the least at $280,000.

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

Comments (28)

Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

And the same is true for condos at more than $450K for condos average list price.

Feb 28, 2016 12:07 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Median List Price of the Single Family Homes this week in North Reading is $550K.

Dec 19, 2016 03:40 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Median List Price of the Condo or townhomes this week in North Reading is $430K.

Dec 19, 2016 03:41 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for single family homes this week in North Reading is 103.

Dec 19, 2016 03:41 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average days on market for condo or townhomes this week in North Reading is 81.

Dec 19, 2016 03:41 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average List Price of the single Family Homes this week in North Reading is $604K.

Dec 19, 2016 03:41 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average List Price of condo or townhomes this week in North Reading is $456K.

Dec 19, 2016 03:42 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 17 single family homes on the market this week in North Reading.

Dec 19, 2016 03:42 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are only 5 condo or townhomes on the market this week in North Reading.

Dec 19, 2016 03:42 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 2,312 sq ft in North Reading this week.

Dec 19, 2016 03:42 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,800 sq ft in North Reading this week.

Dec 19, 2016 03:43 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for the single Family Homes this week in North Reading is 45.2.

Dec 19, 2016 03:43 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for the Condo or Townhomes this week in North Reading is 51.5.

Dec 19, 2016 03:43 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single family homes in North Reading this week is $247/sq ft.

Dec 19, 2016 03:43 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average price for condo or townhomes in North Reading this week is $238/sq ft.

Dec 19, 2016 03:44 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Both market - Single Family and Condo or Townhomes are parallel in Price Per Square Feet.

Dec 19, 2016 03:44 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive single family home listing in North Reading this week is at $1.4M.

Dec 19, 2016 03:44 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in North Reading this week is at $720K.

Dec 19, 2016 03:45 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive single family home listing in North Reading this week is at $299K.

Dec 19, 2016 03:45 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in North Reading this week is at $280K.

Dec 19, 2016 03:45 PM