Reading MA Single Family Property Sales Summary For 3rd Quarter 2013

Desirable Reading Massachusetts The Reading MA single family property sales summary for 3rd quarter 2013 in this blog include statistics on average sales, number of listings, and average days on market for the previous few years. Average selling price provides useful information about the condition of the market, especially when analyzed in relation to past time frames. The volume of listings gives us an indication of market activity. Thirdly, the days on market reflects demand. When analyzed together, these 3 figures will help you determine whether it is a good time to purchase or sell a home, how long that process may take, and the price you are likely to pay.

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Single Family Home Prices for Reading MA

3rd Quarter Average Sale Price

The average selling price in Reading MA for the 3rd quarter increased 12.09% from $447,017 to $501,048. In the time frame before that, it increased 2% from $438,242 to $447,017. That after a -6.15% change. These figures show no consistent pattern across the past few years.

2008 $469,188
2009 $429,574
2010 $466,976
2011 $438,242
2012 $447,017
2013 $501,048

3rd Quarter Number Of Listings Sold

The Number of listings sold in Reading MA for the 3rd quarter increased 8.64% from 81 to 88. During the previous period, it increased 37.29% from 59 to 81. Prior to that was a 28.26% change. This demonstrates a continual increase during the last 4 years.

2008 54
2009 58
2010 46
2011 59
2012 81
2013 88

3rd Quarter Average Days On Market

The Average days on market in Reading MA for the 3rd quarter decreased -30.3% from 66 to 46. This after it decreased -32.65% from 98 to 66. Before that was a 71.93% change. These figures present no consistent direction over the past few years.

2008 66
2009 72
2010 57
2011 98
2012 66
2013 46

Reading MA Single Family Property Sales Summary For 3rd Quarter 2013

Q3 2013 has been great for the Reading MA real
estate market. Avg sales price, # of homes sold and
day on market are all improved in the past 6 years
as noted above.  For more Reading MA single family property sales summary for 3rd quarter 2013 or statistics for other neighborhoods, please contact real estate agent Dave Mullins or Scott Strang, Realtor / Principal Broker at Scott Gregory Group by calling 978-664-2828 or emailing info@scottgregorygroup.com.  Note: These figures were pulled from third parties including county records and the Massachusetts MLS Property Information Network, Inc. It is meant to offer a general overview of the market, are not guaranteed, and might not include every single family transferred in Reading.