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@scottgg.communityhomesforsale.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.
