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Reading Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 95.3% of list price in 52 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $335K Sold · $318K
$340K$250K$160K$70K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 8 sales in Jul. Last month: 4.

Where the market stands

All homes in this report, by status.

83homes
Active27 · 33%
Under contract6 · 7%
Sold (12 mo)50 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$326K
Under contract$213K
Sold$207K

Average days on market

Active118 days
Under contract62 days
Sold52 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 27
Average list price $325,668
Avg. days on market 118 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 7 homes in this status.

3152 Lake Drive$444
8021 Poplar Lane$297
5309 Lake Road$281
5406 Circle Drive$279
5607 Ridge Drive$252
9540 Crawford Road$246
8242 Spruce Drive$194

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5511 W Card RoadReading, MI 49274 ———$1,280,000—17 days
10580 Grover RoadReading, MI 49274 ———$1,050,000—31 days
10582 Grover RoadReading, MI 49274 ———$920,000—26 days
5607 Ridge DriveReading, MI 49274 332,352$595,000$25211 days
2341 Cedar DriveReading, MI 49274 322,576$450,000$17417 days
5100 Long Lake RoadReading, MI 49274 ———$449,900—242 days
9540 Crawford RoadReading, MI 49274 311,460$360,000$24615 days
5309 Lake RoadReading, MI 49274 221,206$339,900$28118 days
5406 Circle DriveReading, MI 49274 321,162$324,900$27919 days
3152 Lake DriveReading, MI 49274 21720$320,000$44462 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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