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NORTH READING Real Estate Market Trends: Week of September 5th, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH READING Real Estate Market Trends:
 Week of September 5th, 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 September 5th, 2016. (Source: AltosResearch).
Week of September 5th, 2016 Single Family Homes Condo/Townhouse
Median List Price $572,900 $429,900
Average List Price $585,900 $448,050
Average Days on Market 59 46
No. of Homes On Market 29 9
Median House Size 2,180 sq ft. 1,781 sq ft.
Market Action Index 49.5 Strong Seller's 54.5 - 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 $572,900. The 29 properties have been on the market for an average of 59 days. The average price per square foot is $252. The most expensive single family listing is at $1,169,000 and the least at $209,900. The median list price in NORTH READING, MA for condo/townhouse this week is $429,900. The 9 properties have been on the market for an average of 46 days. The average price per square foot is $249. The most expensive condo listing is at $525,000 and the least at $135,000.
     

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

There are 29 Single Family Homes on the market this week in North Reading.

Aug 20, 2017 09:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:49 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 $252/sq ft.

Aug 20, 2017 09:49 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 $210K.

Aug 20, 2017 09:50 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 $1,169K.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the single Family Homes this week in North Reading is 49.5.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,180 sq ft in North Reading this week.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in North Reading is $448K.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for condo or townhomes this week in North Reading is 46.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 9 condo or townhomes on the market this week in North Reading.

Aug 20, 2017 09:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 20, 2017 09:51 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 $135K.

Aug 20, 2017 09:51 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 $525K.

Aug 20, 2017 09:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the Condo or Townhomes this week in North Reading is 54.5.

Aug 20, 2017 09:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,781 sq ft in North Reading this week.

Aug 20, 2017 09:52 PM