NORTH READING Real Estate Market Trends: Week of May 30th, 2016
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
NORTH READING Real Estate Market Trends: Week of May 30th, 2016The 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.Here is a snapshot of real estate market for single family homes and condo/townhouses in NORTH READING, MA for the week of May 30th, 2016. (Source: AltosResearch). Week of May 30th, 2016 Single Family Homes Condo/Townhouse Median List Price $699,950 $429,950 Average List Price $663,908 $451,380 Average Days on Market 41 55 No. of Homes On Market 39 10 Median House Size 2,796 sq ft. 1,660 sq ft. Market Action Index 54.8 - Strong Seller's 49.3 - Strong Seller's Data provided by ©2005-2014 Altos...
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