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Reading MA Starts out Strong in 2017 in the The Million Dollar Plus Home Sales Market

Last Fall I wrote an article discussing the Million Dollar (Plus) Single Family home market, over the past 3 years, in the areas towns of Reading, North Reading & Lynnfield. As reflected in the article, Lynnfield is the volume leader in these three towns of “Million Dollar and Up” sales. However, as we wind down Q1, we are seeing Reading coming out strong with 3 sales of a million plus already (which is 10% of the total number of homes sold this year!):

Reading
2014
Total Number of Homes Sold in Reading: 234
Total Number of Homes Sold $1 Million + in Reading: 1

2015
Total Number of Homes Sold in Reading: 248
Total Number of Homes Sold $1 Million + in Reading: 7

2016
Total Number of Homes Sold in Reading: 223
Total Number of Homes Sold $1 Million + in Reading: 4


2017  (through 3/31/2017 as reflected in MLS)
Total Number of Homes Sold in Reading: 27
Total Number of Homes Sold $1 Million + in Reading: 3

Currently, there are 4 active homes in Reading with asking prices above $1 Million, so 2017 could be the year that the Million Dollar Plus mark is a more common price tag. Nothing reflects that more than the latest offering on Reading’s ever-desirable West Side, 55 Walnut Street, listed for $1,675.000. Here are those current homes:

  • 3 Carriage Lane: $1,170,000
    CLICK HERE for a Link for More Info
     
  • 600 Pearl Street: $1,295,000
    CLICK HERE for a Link for More Info
     
  • 3 Zachary Lane: $1,399,000
    CLICK HERE for a Link for More Info
     
  • 55 Walnut Street: $1,675,000
    CLICK HERE for a Link for More Info

Here’s the article from last fall with more stats from previous years in Lynnfield, North Reading & Reading:

http://www.truenorthrealty.net/blog/posts/2016/09/26/the-million-dollar-plus-single-family-home-market-in-lynnfield-north-reading-and-reading-ma/

For more information on single family homes sales in Reading, North Reading & Lynnfield, contact: Paul Santucci, President of True North Realty at 617.694.0004


55 Walnut Street, Reading's Latest Listing in the Million $ Market: