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Steven Novak Licensed Real Estate Salesperson MA: 9517748 Brody Murphy Novak Group
617.955.2224
Steven Novak
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City Market Insights

Detailed market intelligence for your target areas

Reading, MA

Hot Market
$931,322 Avg Price
269 Sales (12mo)
62 Avg DOM
103.5% SP/LP Ratio

Market Heat Index

74
Hot Market
Strong seller's market. Inventory is very low with only 1.8 months of supply. Homes are selling at or above asking price.

Price by Bedrooms

Average Prices by Bedroom Count

1 BR
$429,338
13 sales • 53 days avg
2 BR
$601,125
46 sales • 65 days avg
3 BR
$887,652
110 sales • 64 days avg
4 BR
$1,195,056
71 sales • 58 days avg
5 BR
$1,315,266
14 sales • 60 days avg
6 BR
$1,574,167
6 sales • 63 days avg

Feature Value Premiums

Feature Value Premiums in Reading

Properties with these features sell for more than comparable properties without them:

+66.6%
Fireplace
High confidence
+38.5%
Garage
High confidence
+31.8%
View Property
Very Low confidence
+31.4%
Private Pool
Medium confidence

Your local bench

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About Us

With decades of combined experience, our team delivers exceptional results for buyers and sellers across Greater Boston.

$600+ Million in Sales
23,051+ Active Listings
Top 3 Small Teams

$95 Million booked and closed for 2025

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  • Current market trends and pricing insights
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Mortgage Calculator

Estimate your monthly payment and see how much home you can afford.

Estimated Monthly Payment
$2,684
per month
Principal $675
Interest $1,667
Property Tax $500
Insurance $100
HOA $0
Loan Amount
$400,000
Total Interest
$566,280

* This calculator provides estimates for informational purposes only. Actual payment amounts may vary based on lender requirements, credit score, and other factors. Contact a mortgage professional for accurate quotes.