n reading
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L3.3% Increase
in Median Sale Price since January !
Developers and ‘flippers’ have purchased an abnormally high
amount of lower priced homes in the $300,000 range which has brought the median sale price down. The overall
market still remains active but we expect the usual Summer slow down as buyers focus more on the beach than buying a home. We anticipate
the Fall season will bring more focused buyers after Labor Day.
RE/MAX LEADING EDGE MONTHLY REAL ESTATE REPORT
JULY REAL ESTATE MARKET REPORT North Reading
Seller’s!Market!!!!!!!!!!!Even!
Market!!!!!!!!!!!Buyers!Market
Source: Absorption rate data extracted on (7/2/14) via imaxwebsolutions.com!Prior Period: 1/1/13-6/30/13 Current Period: 1/1/14 - 6/30/14