This year’s first quarter sales of Haverhill, Massachusetts condominiums were down 18.5 percent from Q1 2008, and down more than 50 percent from 2007. In 2007 eighty-nine condos sold during the first quarter, but in the first 3 months of this year only forty-four condos sold.
The median selling price for condos in Haverhill, MA fell 21.79 percent to $140,000 compared to Q1 2008, when the median price was $179,000. During the first quarter of 2006, the median condo price was $224,125, making this year’s Q1 price 37.53 percent lower than three years ago.
Haverhill condominiums were on the market fewer days last quarter than in Q1 2008, on average. This year condos averaged 212 days on the market. Compared to 243 days during the first quarter of 2008, condos spent an average of 12.76 percent less time on the market.
This data is comes from MLS Property Information Network, Inc.
Haverhill, MA Condominium Real Estate Data
Median Price Number of Sales Days on the Market
Q1 2007: $217,000 89 155
Q1 2008: $179,000 54 243
Q1 2009: $140,000 44 212