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The Difference a Year Makes: First Quarter 2017 in Home Sales in Reading, North Reading and Andover vs 2016

Ok, my stats loving friends, here’s some quick data reflecting the single family homes sales in Andover, North Reading, and Reading in the First Quarter of 2016 vs First Quarter of 2017.

North Reading Q1 2016 vs Q1 2017

Number of Homes Sold
Q1 2016: 25
Q1 2017: 28

Average List Price:
Q1 2016: $503,731
Q1 2017: $540,575

Average Sale Price
Q1 2016: $497,108
Q1 2017: $530,882

Average Days Until Offer:
Q1 2016: 49
Q1 2017: 39


Andover Q1 2016 vs Q1 2017

Number of Homes Sold
Q1 2016: 58
Q1 2017: 61

Average List Price:
Q1 2016: $588,800
Q1 2017: $678,151

Average Sale Price
Q1 2016: $574,228
Q1 2017: $667,498

Average Days Until Offer:
Q1 2016: 60
Q1 2017: 57
 

Reading Q1 2016 vs Q1 2017

Number of Homes Sold
Q1 2016: 37
Q1 2017: 29

Average List Price:
Q1 2016: $491,090
Q1 2017: $562,500

Average Sale Price
Q1 2016: $487,124
Q1 2017: $563,491

Average Days Until Offer:
Q1 2016: 53
Q1 2017: 32

Some of the more interesting numbers:

  • The average sale of a single family jumped $34,000 in North Reading, $93,000 in Andover, and $76,000 in Reading
  • Reading had a significant drop in Days Until Offer – 53 to 32
  • Reading had an average sale OVER the listed price

For more information on home sales North of Boston, contact President of Residential Sales, Paul Santucci 617.694.0004


4 JACOB RAYNOR LANE, North Reading's most expensive sale in Q1 2017


 

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