Haverhill, MA

Should we be asking for the condo questionnaires to be reviewed by the buyers and their attorney on day one of the transaction. I had a deal fall through because the condo association had $30,000 delinquencu because of three units. Should those be seperated by the association as a seperate subdivision? Would you rell your buyers to walk away? When would you have found out about it 2 weeks before closing?

Remember ask for the questionnaire as part of your offer and make the seller pay for it.

Single-family home sales in Weymouth, Massachusetts increased 45.6 percent in the first quarter compared to Q1 2008, climbing from 46 sales to 67. Sales were up from 66 in the first quarter of 2006 and down from 74 sales in the first quarter of 2007.

The median price of a single family home in Weymouth, MA remained nearly unchanged at $285,000, up just slightly from $284,950; however, the median price is down 16.1 percent from Q1 2006 ($339,950).

The average number of days on the market remained the same at 116, which was also the average number of days on the market in the first quarter of 2006.

                  Median Price        Number of Sales        Days on the Market
Q1 2006:        $339,950                    66                                116
Q1 2007:        $314,750                    74                                136
Q1 2008:        $284,950                    46                                116
Q1 2009:        $285,000                    67                                116

Find a buyer agent to work with in Weymouth and the surrounding areas.

Compared to the first quarter of 2006, the median price of a single-family home in Haverhill, Massachusetts declined 23.9 percent in the first three months of 2009.

Compared to the first three months of 2008 ($270,500), median price was down a modest  5.76 percent in the first quarter of 2009 ($254,900). Home sales declined from 70 in Q1 2008 to 55 in Q1 2009, a decline of 21.4 percent. Home sales rose in Haverhill in 2008. 

After declining from 148 days to 132 days in 2008, the average number of days on the market for a single-family home during the first three months of 2009 rose to 173.

                Median Price    Number of Sales    Days on the Market

Q1 2006     $335,000              85                                112
Q1 2007     $302,500              68                                148
Q1 2008     $270,500              70                                132
Q1 2009     $254,900              55                                173

Find home listings in Haverhill, MA.

Single-family home sales in Haverhill, MA rose 1.47 percent in 2008 compared to 2007, from 338 to 343 sales; however, the median single-family home price declined 11.2 percent in 2008 compared to 2007, falling from $300,000 to $269,900.

The data comes from MLS Property Information Network, Inc., the multiple listing service used by local real estate professionals.

Haverhill, Massachusetts
Single-family Market Data
Jan. 1st through Dec. 31st

Year No. of Sales
2005 473
2006 395
2007 338
2008 343

Year Median Price
2005 $330,000
2006 $320,900
2007 $300,000
2008 $269,900

Year DOM
2005 86
2006 117
2007 130
2008 145

Check out the latest Haverhill, Massachusetts single-family home listings.

The two-bedroom condominiums are part of The Fairways development located off Route 108 (Newton Road) in Haverhill.

The maximum allowed annual income for a single person is $54,700. For a two-person household the income limit is $62,600; the three-person household income limit is $70,400; and the four-person income limit is $78,200.

Applications are available at Community Action, Inc., which is located at 145 Essex Street in Haverhill. For more information, you can call Richard Lynch at 978.373.1971.

Units are available for rent starting at $1,295 per month.

If you'd like to see The Fairways, please don't hesitate to contact me at 978.835.5906 or online.