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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 965736.6% of list price in 53 days on average.

Average price, last 12 months

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

List · $193K Sold · $278K
$470K$330K$190K$50K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 12 sales in Jul. Last month: 9.

Where the market stands

All homes in this report, by status.

106homes
Active26 · 25%
Under contract9 · 8%
Sold (12 mo)71 · 67%

Buyer's or seller's market?

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

3.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$356K
Under contract$243K
Sold$237K

Average days on market

Active113 days
Under contract73 days
Sold53 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 26
Average list price $355,690
Avg. days on market 113 days
Avg. price per ft² $229 Based on 13 of 26 homes
Avg. living area 1,553 ft² Based on 13 of 26 homes
Avg. beds / baths 3.1 / 1.6

Price vs. living area

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

13 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 13 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

12 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1880 Hemlock Crest Drive$492
3152 Lake Drive$444
1890 Hemlock Crest Drive$373
5309 Lake Road$281
5406 Circle Drive$279
5607 Ridge Drive$252
9540 Crawford Road$246

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5511 W Card RoadReading, MI 49274 ———$1,280,000—18 days
10580 Grover RoadReading, MI 49274 ———$1,050,000—32 days
10582 Grover RoadReading, MI 49274 ———$920,000—27 days
5607 Ridge DriveReading, MI 49274 332,352$595,000$25212 days
1890 Hemlock Crest DriveQuincy, MI 49082 221,512$564,989$37389 days
2341 Cedar DriveReading, MI 49274 322,576$450,000$17418 days
5100 Long Lake RoadReading, MI 49274 ———$449,900—243 days
1880 Hemlock Crest DriveQuincy, MI 49082 21792$389,900$49282 days
9540 Crawford RoadReading, MI 49274 311,460$360,000$24616 days
5309 Lake RoadReading, MI 49274 221,206$339,900$28119 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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