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NORTH READING Real Estate Market Trends: Week of June 6th, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of June 6th, 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 6th, 2016. (Source: AltosResearch).
Week of June 6th, 2016 Single Family Homes Condo/Townhouse
Median List Price $749,000 $419,900
Average List Price $695,461 $424,882
Average Days on Market 49 56
No. of Homes On Market 27 11
Median House Size 2,820 sq ft. 1,520 sq ft.
Market Action Index 55.3 - Strong Seller's 44.1 - 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 $749,000. The 27 properties have been on the market for an average of 49 days. Average price per square foot is $262. The most expensive single family listing is at $1,046,000 and the least at $279,900. 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 56 days. Average price per square foot is $259. The most expensive condo listing is at $699,900 and the least at $123,600.

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

The Median List Price of the Single Family Homes this week in North Reading is $749K.

Jan 29, 2017 09:29 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 29, 2017 09:29 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average List Price of the single Family Homes this week in North Reading is $695K.

Jan 29, 2017 09:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of condo or townhomes this week in North Reading is $425K.

Jan 29, 2017 09:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for single family homes this week in North Reading is 49.

Jan 29, 2017 09:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for condo or townhomes this week in North Reading is 56.

Jan 29, 2017 09:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 27 single family homes on the market this week in North Reading.

Jan 29, 2017 09:31 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.

Jan 29, 2017 09:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,820 sq ft in North Reading this week.

Jan 29, 2017 09:31 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.

Jan 29, 2017 09:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the single Family Homes this week in North Reading is 55.3.

Jan 29, 2017 09:32 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the Condo or Townhomes this week in North Reading is 44.1.

Jan 29, 2017 09:32 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.

Jan 29, 2017 09:32 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in North Reading this week is $259/sq ft.

Jan 29, 2017 09:32 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 $1,046K.

Jan 29, 2017 09:33 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 $280K.

Jan 29, 2017 09:33 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 $700K.

Jan 29, 2017 09:33 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 $124K.

Jan 29, 2017 09:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Overall this is still a very strong market for North Reading this week - for both condos and single family homes.

Jan 29, 2017 09:34 PM