NORTH READING Real Estate Market Trends:
Week of January 2nd, 2017
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 January 2nd, 2017. (Source: AltosResearch).
Week of January 2nd, 2017 | Single Family Homes | Condo/Townhouse |
Median List Price | $524,900 | $202,500 |
Average List Price | $667,622 | $202,500 |
Average Days on Market | 65 | 2 |
No. of Homes On Market | 18 | 2 |
Median House Size | 1,904 sq ft. | 886 sq ft. |
Market Action Index | 47.2 - Strong Seller's | 19.6 - Buyer's Advantage |
Data provided by ©2005-2017 Altos Research LLC.
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