Observer
Town report

Reading

Reading has 28 homes for sale. 68% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 7 days, and 67% sold at or above their first asking price.

68%
of homes for sale have cut their price
48
days on the market, typical listing now
64%
of homes sold in the past 12 months went at or above the first asking price

2 in 3 sellers in Reading have cut their price. That's more than most of Massachusetts.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Reading ranks 2 of 230, where 1 has the most cuts.

Reading68%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

100.0%
Oct 2025Oct 2026

Condos

98.6%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025100.3% (20 sales)100.5% (7 sales)
November 202597.8% (12 sales)97.6% (5 sales)
December 2025100.0% (14 sales)97.3% (5 sales)
January 202699.2% (8 sales)– (1 sales)
February 2026104.1% (6 sales)– (2 sales)
March 2026105.3% (10 sales)– (4 sales)
April 2026104.9% (12 sales)98.8% (6 sales)
May 2026109.0% (25 sales)100.5% (7 sales)
June 2026104.4% (27 sales)100.1% (12 sales)
July 2026102.2% (35 sales)100.0% (10 sales)
August 2026103.2% (13 sales)98.5% (6 sales)
September 202697.9% (9 sales)98.6% (6 sales)
October 2026100.0% (18 sales)– (2 sales)

Reading has 33% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 5 weeks to go under agreement.

Homes for sale

5025
28
Aug 3Oct 26

Offers accepted

105
3
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 32137
Aug 102044
Aug 172314
Aug 242928
Aug 312441
Sep 733414
Sep 1434910
Sep 2139510
Sep 2844511
Oct 53873
Oct 124079
Oct 193271
Oct 262832

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$962K191 sales · 7 days to offer · 67% at or above first ask
  • Condos$620K66 sales · 11 days to offer · 56% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family191$962,000753%67%
Condos66$620,0001144%56%

A typical two-bedroom in Reading leases for $2,750 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,250Middle half $1,950–$2,300 · 13 leases
  • 2 beds$2,750Middle half $2,500–$3,100 · 22 leases
  • 3 beds$3,900Middle half $3,300–$4,500 · 14 leases
60 leases; 83% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed13$2,250$1,950–$2,30031
2 beds22$2,750$2,500–$3,10036
3 beds14$3,900$3,300–$4,50049

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.