Market Conditions in Reading>Question Details

Sherri, Home Buyer in Philadelphia, PA

what is the property value like in reading?

Asked by Sherri, Philadelphia, PA Thu Sep 20, 2007

Is reading an up and coming town? What is the property value of areas in reading?

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Hi Sherri,
I feel that the Reading area is a good location in the southeast area of PA. Just 2 hrs north and you are in NYC, an hour east and you area in Philadelphia, 2 hrs south and you are in Baltimore Harbor, 2 hrs east and you are in Atlantic City, NJ, and one hour west you are in the state capital - Harrisburg. The value of real estate is fairly stable and will appreciate in time moving forward. The Reading area has a lot to offer in areas of value, affordability, art, entertainment, education, climate, shopping, restaurants, convenient location, etc. Property values will vary due to its characteristics, demographics, condition of property, etc. I hope this info helps.
I welcome you to contact me to discuss your property search and price range you can afford.
My cell phone is 484-269-0171. Thank you.

Deb Bensinger, Realtor, ABR, SRES, CDPE, ASP, Certified Relo Agent
Coldwell Banker Select Professionals (Reading/Wyomissing office)
1 vote Thank Flag Link Sun Oct 21, 2012
Sherri

Depends on what area you are referring to as Reading. The Reading mailing covers a large area, and not just the City of Reading.

Even within the City of Reading the values change depending on what section you are in. There are attractions in different parts of Reading, you have the Sovereign Center, The Goggle Works, IMax Theater, ect.

The best way to get the values for the areas and homes you are looking at would either be a CMA or an Appraisal.

If you would like to discuss values of a certain area or home feel free to email or call me. You can also get great information on my website. http://www.mabel.readingrealestatesearch.com/

Mabel Davis
Keller Williams Realty Elite
610-670-5900 x7544
484-769-4879
0 votes Thank Flag Link Sun Oct 21, 2012
Most people refer to Reading but actually prefer the outer areas of Reading, suburb areas. The areas in close proximity to Philadelphia and Reading would be Pottstown, Exeter, and/or Santago, following the 422 corridor. You can find very nice housing from 200 to 400 in these areas but that is for a single with 3 to 4 bedrooms. If you are looking for less you can spend less. If you would like me to send you some problems that migh interest you just email.
0 votes Thank Flag Link Thu Feb 14, 2008
Quick stats for zip code 19601:
Avg Price: $73,500
Price Change (1 year): 18.55%
Total # of Homes Sold: 83
% Change in # of Homes Sold: -9.78%
Avg Days on Market: 60
% of Asking Price (Sold/List Price): 96.3%

All data and info provided by TREND's Economic and Market Watch Report for 2nd Quarter 2007.
0 votes Thank Flag Link Thu Sep 20, 2007
For Reading Pennsylvania, find a Realtor...to get a quick overview, look at craigslist.com in your area....the best way though is to have a Realtor run a CMA..Comparative Market Analysis...to see:
1) What are properties selling for specific conditions of homes?
2) What are the property taxes? You can get this answer from the County Records...maybe online.
Web Reference: http://www.iansellsnola.com
0 votes Thank Flag Link Thu Sep 20, 2007
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