$455K  
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.
Comments:

$189K  
Reading has a cost of living adjustment score of 81.7, which is much less expensive when compared to others in Pennsylvania. Also, the area is considered much less affluent than average with a median income of $31,799 per household. 19601, 19604, and 19607 are the three largest zip codes in terms of population. With a median age of 75 years, homes in Reading tend to be older than most. Topping the list of best schools in the city is Jacksonwald Elementary School.
Comments:

$224K  
The Reading market broke below its 12-month average sales volume this week as sales dropped 20.3% to hit 47 homes sold over the last 30 days. On the other hand, close-by Laureldale registered seven homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Reading, and this period the median price of all sales fell from $59,500 to $39,900. With decreasing sales and the availability of seven months of inventory, Reading is a definite buyer's market.
Comments:

$224K  
With an identifiable downward trend in sellers reducing price, including 51 markdowns over the last 30 days, sales in the Reading market remained the same with 58 over the same stretch of time. Potential buyers should note that prices went up in Reading, with the median for this period rising from $55,000 to $59,700.
Comments:

$400K  
The number of home sales in the Reading market rose 3.7% to 56 homes over the last 30 days. At the same time, close-by Wyomissing reported 13 home sales, the highest number from all the surrounding cities. Prices were able to climb as this week's reported median sales price of $55,000 continued a four-week upswing.
Comments:

$129K  
The number of home sales in the Reading market climbed 18.6% to 51 homes over the last 30 days, exceeding the 49.0 monthly average for the last 12 months. Within the same time frame, Wyomissing had 14 sales, the most of all cities in the area. The median sales price climbed to $59,900 over the latest reporting period for Reading, up from $55,000. Even after the uptick in sales, an elevated seven months of inventory tells us that Reading is still a definite buyer's market.
Comments:

$189K  
Reading is the fifth-most populous city in Pennsylvania with 88,082 residents. It also has a much higher than average density compared to the rest of the state, with 8,911.9 people per square mile. The three zip codes with the largest populations are 19601, 19604, and 19607. Reading has an home ownership ratio of 37.1% and a renting ratio of 50.5%. The best school in the city is Jacksonwald Elementary School.
Comments:

$139K  
Over the last 30 days, the Reading market showed healthy signs with 40 homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, close-by Wyomissing registered 15 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Reading, with the median for this period rising from $40,000 to $56,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Reading is still a definite buyer's market.
Comments:

$400K  
The Reading market pulled back with a 13.6% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 49.0 monthly average with 38 homes sold. Meanwhile, close-by Wyomissing reported 11 homes sales, the highest number from all the surrounding cities. The median sales price rose to $42,500, up from last week's $39,000. Reading is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$105K  
Over the last 30 days, 44 homes were sold in the Reading market, up 12.8%. However, the market is still in a recent downward trend overall. The median sales price dropped to $39,000, down from last week's $40,000. Reading is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX of Reading
Century 21 Gold
Snapped 6 homes in this area
RE/MAX OF READING
Snapped 5 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.