READING HOUSING MARKET DATA

There was a decrease in total units sold in July, with 54 sold this month in Reading Real Estate versus 64 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 7% versus July 2024.

Versus last year, the total number of homes available this month is lower by 20 units or 24%. The total number of active inventory this July was 62 compared to 82 in July 2024. This month's total of 62 is lower than the previous month's total supply of available inventory of 75, a decrease of 17%.

Last July, the median sale price for Reading Homes was $184,950. This July, the median sale price was $192,500, an increase of 4% or $7,550 compared to last year. The current median sold price is 4% higher than in June.

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

In July, there was 1.1 months of supply available in Reading, compared to 1.4 in July 2024. That is a decrease of 19% versus 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 58 homes newly listed for sale in Reading compared to 87 in July 2024, a decrease of 33%. There were 54 current contracts pending sale this July compared to 70 a year ago. The number of current contracts is 23% lower than last July.

In July, the average sale price in Reading was 100.1% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 15, which is similar compared to a year ago.





FOCUS ON: READING HOUSING MARKET			JULY 2025

Zip Code(s): 19601, 19604, 19611, 19602 and 19603
Units Sold 54	Active Inventory 62	Median Sale Price $192,500	Days On Market 15

Down -7% Vs. Year Ago	Down -24% Vs. Year Ago	Up 4% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 54 sold this month in Reading Real Estate versus 64 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 7% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 20 units or 24%. The total number of active inventory this July was 62 compared to 82 in July 2024. This month's total of 62 is lower than the previous month's total supply of available inventory of 75, a decrease of 17%.
		Median Sale Price Last July, the median sale price for Reading Homes was $184,950. This July, the median sale price was $192,500, an increase of 4% or $7,550 compared to last year. The current median sold price is 4% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 58	Current Contracts 54	Sold Vs. List Price 100.1%	Months of Supply 1.1

Down -33% Vs. Year Ago	Down -23% Vs. Year Ago	Down -1.2% Vs. Year Ago	Down -18% Vs. Year Ago


		Months of Supply In July, there was 1.1 months of supply available in Reading, compared to 1.4 in July 2024. That is a decrease of 19% versus 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 58 homes newly listed for sale in Reading compared to 87 in July 2024, a decrease of 33%. There were 54 current contracts pending sale this July compared to 70 a year ago. The number of current contracts is 23% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Reading was 100.1% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 15, 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.