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NORTH READING REAL ESTATE - Week of January 2nd, 2012

NORTH READING Real Estate - Week Of January 2nd, 2012


Here is a snapshot of real estate market for single family homes in NORTH READING, MA for the week of January 2nd, 2012. (Source: AltosResearch)


For Week of January 2nd, 2012
Median Price $399,900
Average List Price $494,785
Average Days on Market 158
Number of Homes On Market 63
Median House Size 2,118 sq ft.
Market Action Index 16.4 - Strong Buyer's


Data provided by ©2011 Altos Research LLC.

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.

SEARCH ALL AVAILABLE NORTH READING HOMES FOR SALE, LIKE I DO!

Posted Sunday Jan 08