Reading shines as home sales prices rise!

It's been a LLLL-OOONG time coming, but Reading is a real estate leader among local towns with an 11.7% median sales price increase since 2009.   This easily tops Lynnfield (9.8%) and Wakefield (8.4%) and just behind North Reading (14.1%).  While  by no means a real estate bubble, continued lower than normal inventory levels and very reasonable interest rates have kept buyer demand strong and multi-offer sales a reality.  With just 15 single family homes on the market in 01867 as of today, you can expect this positive trend to continue expect this trend to continue in 2014.