$149K  
New listings have increased in the Reading market, reaching a high that hasn't been seen since November. There were also 49 homes sold over the last 30 days. In comparison, Wyomissing led all other nearby municipalities with 15 new listings. Potential buyers should note that prices went up in Reading, with the median for this period rising from $44,000 to $45,899.
Comments:

$238K  
The population of Reading ranks as the fifth-largest city in Pennsylvania with 88,082 residents. However, it only ranks 17th in terms of density with 8,911.9 people per square mile. The three zip codes with the largest populations are 19601, 19604, and 19607. Keep in mind, 37.1% of the homes in Reading are owned, while 50.5% are rented. Topping the list of best schools in the city is Jacksonwald Elementary School.
Comments:

$235K  
The Reading market may strengthen in the short term. While 49 homes were sold over the last 30 days, the number of contracts executed rose to 74, the highest amount in three months. In comparison, Wyomissing led all other nearby municipalities with 11 contracts executed. The median sales price dropped to $40,000, down from last week's $44,450.
Comments:

$109K  
The Reading market looked solid in this week's report, as the number of home sales shot up 37.8%, pushing the total to 51 homes sold over the last 30 days. At the same time, close-by Wyomissing reported nine home sales, the highest number from all the surrounding cities. The median sales price rose to $44,900 over the latest reporting period for Reading, up from $44,000.
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$400K  
The Reading market remained cold this week as sales fell 8.3% to land at 33 homes sold over the last 30 days. Meanwhile, close-by Wyomissing reported eight homes sales, the highest number from all the surrounding cities. The median sales price dropped to $44,900 over the latest reporting period for Reading, down from $46,950. With decreasing sales and the availability of nine months of inventory, Reading is a strong buyer's market.
Comments:

$399K  
The Reading market remained cold this week with 35 homes sold over the last 30 days. In comparison, nearby Shillington had eight sales in the same time frame, the most of all neighboring cities. Prices are falling in Reading, and this period the median price of all sales fell from $46,950 to $44,900. Along with the slip in sales, a relatively high nine months of inventory indicates that Reading is a strong buyer's market.
Comments:

$400K  
On top of an established downward trend in sellers reducing price, including 40 markdowns over the last 30 days, sales in the Reading market fell to 37 over the same stretch of time. The median sales price jumped to $49,000, up from last week's $39,000. With decreasing sales and the availability of eight months of inventory, Reading is a definite buyer's market.
Comments:

$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.
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