REMAX Renaissance

North Reading, MA 01864

Single-Family Homes

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North Reading, MA 01864

Thu Dec 01 2022
This week the median list price for North Reading, MA 01864 is $749,000 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 11. Click here to stay informed with the North Reading market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

North Reading, MA 01864

Thu Dec 01 2022
This week the median list price for North Reading, MA 01864 is $749,000 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 11. Click here to stay informed with the North Reading market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the North Reading market.
Median List Price $749,000
Median Price of New Listings $597,450
Per Square Foot $384
Average Days on Market 57
Median Days on Market 35
Price Decreased 45%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 64
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,644,950 4,204 1 - 2.5 acres 3 3.3 41 0 1 80
$999,000 3,379 1 - 2.5 acres 3 3 46 0 0 105
$695,000 2,578 0.25 - 0.5 acre 4 2 72 1 2 35
$539,900 1,176 0.25 - 0.5 acre 3 1.5 64 1 2 7