NORTH READING Real Estate Market Trends: Week of June 20th, 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4TVN
NORTH READING Real Estate Market Trends:
 Week of June 20th, 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 20th, 2016. (Source: AltosResearch).
Week of June 20th, 2016 Single Family Homes Condo/Townhouse
Median List Price $679,900 $429,950
Average List Price $678,373 $425,183
Average Days on Market 40 53
No. of Homes On Market 41 12
Median House Size 2,640 sq ft. 1,660 sq ft.
Market Action Index 52.7 - Strong Seller's 42.7 - Seller's Advantage

Data provided by ©2005-2014 Altos Research LLC.

The median list price in NORTH READING, MA for single family homes this week is $679,900. The 41 properties have been on the market for an average of 40 days. Average price per square foot is $249. The most expensive single family listing is at $1,050,000 and the least at $279,900. The median list price in NORTH READING, MA for condo/townhouse this week is $429,950. The 12 properties have been on the market for an average of 53 days. Average price per square foot is $249. The most expensive condo listing is at $699,900 and the least at $149,900.

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

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Massachusetts Middlesex County North Reading
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Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 41 condo or townhomes on the market this week in North Reading.

Jul 21, 2017 10:47 PM #5
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 2,640 sq ft in North Reading this week.

Jul 21, 2017 10:48 PM #6
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the single Family Homes this week in North Reading is 52.7.

Jul 21, 2017 10:48 PM #7
Ambassador
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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 $1,050K.

Jul 21, 2017 10:48 PM #8
Ambassador
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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 $280K.

Jul 21, 2017 10:50 PM #9
Ambassador
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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 $249/sq ft.

Jul 21, 2017 10:50 PM #10
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Single Family Market in North Reading is really hot.

Jul 21, 2017 10:50 PM #11
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for single family homes is going up.

Jul 21, 2017 10:50 PM #12
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Let me continue with the market trends for condo or townhomes in North Reading this week.

Jul 21, 2017 10:51 PM #13
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Jul 21, 2017 10:51 PM #14
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Jul 21, 2017 10:52 PM #15
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for condo or townhomes this week in North Reading is 53.

Jul 21, 2017 10:52 PM #16
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 12 single family homes on the market this week in North Reading.

Jul 21, 2017 10:52 PM #17
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,660 sq ft in North Reading this week.

Jul 21, 2017 10:52 PM #18
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the Condo or Townhomes this week in North Reading is 42.7.

Jul 21, 2017 10:52 PM #19
Ambassador
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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 $700K.

Jul 21, 2017 10:53 PM #20
Ambassador
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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 $150K.

Jul 21, 2017 10:53 PM #21
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the condo or townhomes in North Reading this week is $249/sq ft.

Jul 21, 2017 10:53 PM #22
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Condo or townhomes Market in North Reading is really hot.

Jul 21, 2017 10:53 PM #23
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for condo and townhomes is going up.

Jul 21, 2017 10:53 PM #24
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