Reading Median Sale Price Tops $1.1M as Fairchild Drive Leads Late-Spring Market

READING -- A Fairchild Drive property sold for $2.4 million in early June, setting the high-water mark for the late May through late June recording period as Reading's median sale price among disclosed transactions reached $1,115,000.

• MARKET OVERVIEW
• Twenty deeds were recorded in Reading between May 28 and June 26, 2026, but sale prices were disclosed in only 10 of those transactions. Among the 10 priced sales, the range ran from $625,000 to $2,400,000, with a median of $1,115,000. The remaining 10 transfers carried no consideration amount; several of those appear to be intra-family or trust conveyances based on the names in the deed records. The 20-deed total represents a moderately active period for a single month, though the high proportion of undisclosed prices limits full market analysis.
• TOP SALES
• 134 Fairchild Drive commanded the period's highest price at $2,400,000, recorded June 2. Kevin J. Simard sold the property to David and Monica M. Neshat. At 37 Fairchild Drive, Brandon M. Lennox and Perola Lamba paid $1,500,000 on May 28, purchasing from Akhil and Anuradha Bhargava. At 17 Duck Road, Patrick and Michelle Manion acquired the property for $1,400,000 on May 29 from trustees Dhiren K. and Mamta D. Sutaria. At 33 Old Farm Road, Jaclyn and Andrew Freedman paid $1,270,000 on June 4, buying from Dai Bingbin and Hou Jianping. The fifth-highest disclosed sale was 313 South Street at $1,150,000, recorded June 2, where Manel and Darline Thompson purchased from the Bradley Family Revocable Trust.
• NEIGHBORHOOD BREAKDOWN
• Fairchild Drive produced two of the period's top five transactions — 134 Fairchild Drive at $2,400,000 and 37 Fairchild Drive at $1,500,000 — making it the street with the most notable concentration of high-value activity. A third Fairchild Drive address, 66 Fairchild Drive, also recorded a deed during the period, though no price was disclosed. Among the remaining priced sales, four fell between $960,000 and $1,150,000 — 119 Salem Street Unit 119 ($1,080,000), 82 Orange Street ($981,000), 14 Federal Street ($960,000), and 313 South Street ($1,150,000) — forming a mid-tier cluster. West Street contributed one priced sale: 212 West Street Unit 1, a condominium unit, sold for $625,000, the period's lowest disclosed price. 561 Summer Avenue at $750,000 and the West Street condo were the only two sales below $1 million with disclosed prices.
• MARKET NOTES
• Of the 10 transfers with no disclosed consideration, the deed records show a recurring pattern: sellers and buyers share surnames or the buyer is identified as a trust or trustee with the same family name as the grantor. Addresses in this category include 532 West St., 43 Belmont St., 66 Fairchild Dr., 46 Colburn Rd., 34 Virginia Rd., 112 Winthrop Ave., 6 Cumberland Rd., and 33 Mill St. One entry — recorded June 3 — lists no street address. Bed, bath, and square footage data are not available from deed records and are omitted throughout. The single condominium unit identified in the data, 212 West Street Unit 1, was also the lowest-priced disclosed sale at $625,000; all other priced transactions appear to be single-family or unspecified residential properties based on address format alone.