READING HOUSING MARKET DATA

There was a decrease in total units sold in June, with 60 sold this month in Reading Real Estate, a decrease of 10%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is lower by 3 units or 4%. The total number of active inventory this June was 67 compared to 70 in June 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 77, a decrease of 13%.

Last June, the median sale price for Reading Homes was $170,000. This June, the median sale price was approximately the same at $185,000. The current median sold price is 9% higher than in June 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.1 months of supply available in Reading. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 66 homes newly listed for sale in Reading compared to 71 in June 2024, a decrease of 7%. There were 60 current contracts pending sale this June compared to 51 a year ago. The number of current contracts is 18% higher than last June.

In June, the average sale price in Reading was 102.0% of the average list price, which is 2.0% higher than at this time last year.

This month, the average number of days on market was 20, which is similar compared to a year ago.





FOCUS ON: READING HOUSING MARKET			JUNE 2025

Zip Code(s): 19601, 19604, 19611, 19602 and 19603
Units Sold 60	Active Inventory 67	Median Sale Price $185,000	Days On Market 20

No Change Vs. Year Ago	Down -4% Vs. Year Ago	Up 9% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 60 sold this month in Reading Real Estate, a decrease of 10%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is lower by 3 units or 4%. The total number of active inventory this June was 67 compared to 70 in June 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 77, a decrease of 13%.
		Median Sale Price Last June, the median sale price for Reading Homes was $170,000. This June, the median sale price was approximately the same at $185,000. The current median sold price is 9% higher than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 66	Current Contracts 60	Sold Vs. List Price 102.0%	Months of Supply 1.1

Down -7% Vs. Year Ago	Up 18% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.1 months of supply available in Reading. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 66 homes newly listed for sale in Reading compared to 71 in June 2024, a decrease of 7%. There were 60 current contracts pending sale this June compared to 51 a year ago. The number of current contracts is 18% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Reading was 102.0% of the average list price, which is 2.0% higher than at this time last year. Days on Market This month, the average number of days on market was 20, which is similar compared to a year ago.


	Reading are defined as properties listed in zip code/s 19601, 19604, 19611, 19602 and 19603.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.