There were 45 homes sold in the Reading market over the last 30 days, but 41 contracts were executed. This marks the lowest amount since last January, and could be a sign that the market is nearing a low. In comparison, Wyomissing had four contracts executed in the same time frame, the most of all nearby cities. Potential buyers should note that prices are coming down in Reading, and for this period the median sales price slid from $46,000 to $39,000. Reading is a strong buyer's market with seven months of inventory to choose from, aided by the downturn in contracts.
You never know when the perfect home may come in the market so take a look at the new listings in Reading:
Get started right now by checking out Reading homes for sale or reviewing Reading real estate trends.