3rd Quarter 2010 Real Estate Stats for Haverhill MA

- 31 Aug 2010, 12:47 pm

Here are 3rd Quarter 2010 Stats for Real Estate on the MLS in Haverhill MA.  We all know that the tax credit for homebuyers expired in April 2010, with closings initially by June 2010, extended into September.  This tax credit inflated the sales activity and prices for Real Estate this Spring, and has resulted in a deflation this Summer. 

Total Sold Market Statistics
Report Run: 8/31/2010 10:26:23 AM
Property Type(s): SF
Status: SLD
Start Date: 5/31/2010
End Date: 8/31/2010
Towns: Haverhill
Price Range            # of        Avg. Days         
                           Listings   on Market                         
$0 - 49,999           0                    0                   

$50,000-99,999      3                   90              

$100,000-149,999   7                   92            

$150,000-199,999   13                  68             

$200,000-249,999   15                  81              

$250,000-299,999   20                  79             

$300,000-349,999   17                  85             

$350,000-399,999   10                  57             

$400,000-449,999    3                   76             

$450,000-499,999    2                   36             

$500,000-599,999    3                   61             

$600,000-699,999    1                   61             

$700,000 - $999,999 0                    0 
                     
Total Properties       94              Avg. 76              
Lowest Price: $70,000 
Highest Price: $639,900 Ave Price: $275,291

As you can see, the hottest parts of the Haverhill MA Real Estate market in the 3rd Quarter were the entry level, probably pretty good shape, properties from $150,000-$200,000, and the moderately priced homes from $250,000-$300,000.  Days on market averaged about 2 1/2 months.  That, Folks, is a Seller’s market in Haverhill MA.

Here is where Haverhill MA real estate is right now…

Active Listings

On-Market Snapshot
Report Run: 8/31/2010 10:29:46 AM
Property Type(s): SF
Snapshot Date: 5/31/2010
Towns: Haverhill
                      5/31/2010      8/31/2010

Price Range         #/DOM          #/DOM             
                                             
Under $50,000         -/-              -/-                    

$50,000-99,999      2/87             4/45

$100,000-149,999  12/157          16/130                    

$150,000-199,999  16/79            17/104             

$200,000-249,999  18/73            41/113             

$250,000-299,999  26/154           42/89   

$300,000-349,999  21/55             13/103

$350,000-399,999  15/179            34/82

$400,000-449,999  30/145            24/200

$450,000-499,999   6/51               13/85            

$500,000-599,999   3/93                4/126

$600,000-699,999   3/168               3/218               

$700,000-799,999   2/207               2/286

$800,000-$899,999  1/256               1/5 

$900,000-9,999,999 1/363               1/447  

Total Properties 156/121             215/115        
 Lowest Price:      $89,900             $50,000
 Median Price:     $317,400           $285,000
 Highest Price:  $1,900,000         $1,850,000
 Average Price:   $334,696            $319,532

Total Market Volume:                  
                    $52,212,614        $68,699,556

The hottest prices ranges in Haverhill Real Estate just a few months ago are starting to accumulate active listings, and days on market  are beginning to stretch.  In the $250,000-$299,000 price range in Haverhill, the Days on Market are actually lower, BUT there are almost twice as many properties available as there were 3 months ago…Can you spell GLUT?  It seems that now, more than ever, you as an investor need to be certain to create more value than the competing properties in your price range. 

I know that for me, what I do is to give features that are normally only found on properties at a higher price point.  I want my new Haverhill homeowners to say “WOW”, and fall in love with their new home.