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Reading Market Trends

Today, December 17, 2009

Median Sales Price in Reading

Embed Info
1 yr 5 yr Max
Reading median sales prices
Number of sold homes in Reading
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$308,250+6.3%$220,000$290,000$330,000
3 bedrooms$383,300+7.7%$397,500$356,000$377,000
4 bedrooms$592,000+38.2%$484,000$428,280$485,950
All properties$355,000+0.9%$397,500$352,000$375,900
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Reading Summary

The median sales price for homes in Reading MA for Sep 09 to Nov 09 was $355,000. This represents a decline of 10.7%, or $42,500, compared to the prior quarter and an increase of 0.9% compared to the prior year. Sales prices have depreciated 5.6% over the last 5 years in Reading.

The average listing price for Reading homes for sale on Trulia was $413,805 for the week ending Dec 08, which represents an increase of 2.6%, or $10,407, compared to the prior week and an increase of 2.7%, or $10,700, compared to the week ending Nov 17. Average price per square foot for Reading MA was $259, an increase of 4% compared to the same period last year.

 

Average Listing Price in Reading

Embed Info
1 yr 5 yr Max
Reading average property price
Reading – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom-----
2 bedrooms$305,654+0.8%$303,308$304,473$300,978
3 bedrooms$392,822-0.3%$393,967$396,264$396,724
4 bedrooms$523,729+1.0%$518,385$544,694$538,333
All properties$413,805+2.6%$403,398$404,404$403,105
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Average Price Per Sqft for Homes in Reading

Embed Info
1 yr 5 yr Max
Reading average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$250+14.2%$235$219$273
3 bedrooms$279+8.1%$265$258$273
4 bedrooms$250+0.4%$238$249$268
All properties$259+4.0%$246$249$270
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Homes for Sale in Reading

321 Lowell Street, Reading MA
321 Lowell…
$389,900
3 br  1 ½ ba
362 South Street, Reading MA
362 South…
$399,900
4 br  1 ½ ba
61 Summer Avenue, Reading MA
61 Summer…
$409,900
3 br  2 ba
6 Benton Circle, Reading MA
6 Benton C…
$399,900
3 br  2 ba
3 Summit Drive #59, Reading MA
3 Summit Dr…
$264,000
2 br  2 ba
13 Colburn Road, Reading MA
13 Colburn…
$269,900
4 br  1 ba
View all Reading Homes for Sale
 
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Reading

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Nearby Cities

Cities
Median
sales price
Average
listing price
Wakefield
$370,000
$481,920
Stoneham
$305,000
$380,415
North Reading
$360,000
$525,520
Wilmington
$325,800
$435,102
Woburn
$310,000
$370,510
Lynnfield
$474,500
$736,771
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.