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Reading Vermont Real Estate Market Report - Full Year, 2018

Reading - Real Estate Market Report, FY, 2018

 

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. 

 

Reading - Closed Single Family Homes

 

Reading - Average Negotiating Discount, Closed Homes

 

Reading - Actively Listed on December 31

 

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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