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!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2013 ActiveRain Corp. All Rights Reserved