The Reading Vermont real estate market had an exceptional, record-breaking year in 2018 with twenty-one (21) sales of single-family homes, up 75% from 2017, which saw twelve (12) sales. The average negotiating discount – the % difference between a home’s list price and sale price – was 4.49% in 2018.
Like Woodstock and other nearby towns, Reading has been following a trend of decreasing inventory over the past 5 years, and the substantially increased number of sales in 2018 has left inventory quite low coming into 2019. There were just ten (10) houses actively listed for sale on December 31 of 2018, down 50% compared to 2017, and down 63% from the high of twenty-seven (27) houses listed on the same date in 2015. We initially observed this decline in inventory in Woodstock alone, before the effect ultimately pushed out into surrounding towns, such as Reading, as buyers faced with so few options in Woodstock began purchasing in less well-known neighboring towns.
Charts illustrating the above information can be found below, followed by a complete list of all 21 properties that closed in Reading in 2018.
A list of all 21 properties that sold/closed in Reading in 2018 is below.
| 645 VT 106 Route, Reading, VT | $30,100 |
| 4157 Route 106, Reading, VT | $72,000 |
| 868 VT Route 106, Reading, VT | $79,900 |
| 946 Route 106, Reading, VT | $85,000 |
| 2868 Brown Schoolhouse Road, Reading, VT | $120,000 |
| 826 Route 106, Reading, VT | $165,000 |
| 192 Flat Iron Rd, Reading, VT | $168,000 |
| 37 VT RT 44, Reading, VT | $195,000 |
| 135 Fox Run Drive, Reading, VT | $199,000 |
| 78 Crown Point Drive, Reading, VT | $223,940 |
| 258 Town Farm Road, Reading, VT | $227,950 |
| 48 Park Circle, Reading, VT | $229,000 |
| 882 VT 106, Reading, VT | $237,500 |
| 6610 Tyson Road, Reading, VT | $240,000 |
| 803 Malagash Rd, Reading, VT | $250,000 |
| 3615 Tyson Rd Road, Reading, VT | $268,000 |
| 1169 Twenty Mile Stream Road, Reading, VT | $280,000 |
| 463 Curtis Hollow Road, Reading, VT | $280,000 |
| 718 Tattle Street, Reading, VT | $281,500 |
| 1400 Grasshopper Road, Reading, VT | $500,000 |
| 253 Tyson Road, Reading, VT | $500,100 |
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