Haverhill, MA Home Sales Increase First Quarter 2010 While Prices Stabilize

The median price of a single-family home in Haverhill, Massachusetts increased by $100 on a modest increase in home sales in the first quarter of 2010 after years of price declines, according to data compiled by Buyers Brokers Only, LLC.
By: Richard Rosa
 
 
Haverhill, MA Exclusive Buyer Agent Richard Rosa
Haverhill, MA Exclusive Buyer Agent Richard Rosa
April 23, 2010 - PRLog -- In a report compiled using data from MLS Property Information Network, Inc., a local multiple listing service, exclusive buyer agency Buyers Brokers Only, LLC reported a rise in both median prices and sales of single-family homes in the first quarter of 2010 in Haverhill, Massachusetts.

In the first quarter of 2010 the median price of single-family homes in Haverhill, MA increased by $100. Sales of single-family homes also increased January through March, rising 23.6 percent compared to Q1 in 2009.  

"Although a modest gain in the median home price, this hints that the Haverhhill real estate market may be stabilizing after years of decreasing home prices," said Richard Rosa, co-owner and exclusive buyer agent at Buyers Brokers Only, LLC. "The home buyer tax credit and extremely low mortgage interest rates have certainly helped move the real estate market in Haverhill."

Single-family homes were not the only homes to see increases in both median price and sales in Haverhill, as condominiums boasted a gain of $21,000 or 15 percent in median price, and also saw an increase of 20.4 percent in sales.

Multi-family properties did not  fair as well. The median multi-family home price declined 2.5 percent and sales dropped 9.4 percent.

To search for homes for sale in Haverhill, Massachusetts, you can use the following link.
http://www.buyersbrokersonly.com/home-listings.htm

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About Buyers Brokers Only, LLC: Buyers Brokers Only exclusively represents home buyers, providing real estate advice and legal counsel (through our lawyers' law offices) at no additional cost to its clients. Yes, the buyer does not pay us a penny, and we are 100 percent loyal. http://www.BuyersBrokersOnly.com
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Source:Richard Rosa
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Tags:Haverhill, MA, Massachusetts Buyer Agent, Exclusive Buyer Broker, Real Estate, Haverhill Market Report, Bradford
Industry:Home sales
Location:Haverhill - Massachusetts - United States
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