Charles River Properties LLC

Reading, MA 01867

Condos/Townhomes

Massachusetts Broker License Number 9043



Reading, MA 01867

Mon Jun 21 2021
This week the median list price for Reading, MA 01867 is $649,000 with the market action index hovering around 67. This is about the same as last month's market action index of 67. Inventory has decreased to 13. Click here to stay informed with the Reading market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Reading, MA 01867

Mon Jun 21 2021
This week the median list price for Reading, MA 01867 is $649,000 with the market action index hovering around 67. This is about the same as last month's market action index of 67. Inventory has decreased to 13. Click here to stay informed with the Reading market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Reading market.
Median List Price $649,000
Median Price of New Listings $754,450
Per Square Foot $377
Average Days on Market 36
Median Days on Market 35
Price Decreased 8%
Price Increased 8%
Relisted 15%
Inventory 13
Median Rent $2,300
Market Action 67
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$899,000 3,365 - 3 3 6 1 0 56
$679,900 1,790 - 2 2 0 1 1 14
$599,000 1,370 - 2 2 5 0 1 35
$529,900 1,261 - 2 2 16 0 1 28