The Reading, Vermont real estate market saw just four (4) sales in 2019, down from an all-time high of twenty-one (21) in 2018. While staggering, it’s important to take into consideration that 2018 was an outlier in terms of the number of sales – up 62% compared to any other year on record. The outcome of all of these sales in 2018 was significantly diminished supply going into 2019, and thus very little on the market for prospective buyers.
Inventory remained very low at the end of 2019, with just eleven (11) properties actively listed for sale.
In regard to the real estate market in the region as a whole, the Greater Woodstock Market Area, which is comprised of Woodstock and the six towns that touch it (including Reading), had one of its best years in well over a decade. In total, there were 242 sales of single-family homes, nearly matching the record-setting 244 sales that transacted in 2017. The town of Woodstock was the leader in the 2019 strength, but several of the area towns – namely Hartland, West Windsor and Bridgewater – also saw more homes sold/closed in 2019 than in 2018. Supply of single-family homes continued to decline for nearly every town in the market.
Charts illustrating the above information can be found below, followed by a complete list of all four (4) properties that closed in Reading in 2019.
A list of all four (4) properties that sold/closed in Reading in 2019 is below.