READING REAL ESTATE - MARKET REPORT FOR SEPTEMBER 2011
By Praful Thakkar, Metro Boston Homes For Sale
(LAER Realty Partners)
READING REAL ESTATE - FOR THE MONTH OF SEPTEMBER 2011 Here is what is happening in Real Estate Market of READING, MA for the month of SEPTEMBER 2011. Please note that this statistics is for SINGLE FAMILY HOMES only. (SOURCE: MLSPIN) This table compares the real estate market in READING, MA for the month of SEPTEMBER last year and this year. SEPTEMBER 2010 SEPTEMBER 2011 Trends Number of Homes Sold 13 11 Median Sale Price $476,000 $425,000 Averge Sale Price $495,531 $465,191 Days on Market 45 58 Sale Price to List Price Ratio 96 98 Total Volume $6,441,900 $5,117,100 Not very encouraging numbers. The red arrows are not good - and so is a solitary blue arrow, indicating days on market has gone up! Median price is down about 10%. The average price has gone down almost 7%, too. It's all t...
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