Sales surged in Haverhill in July 2025, even as prices eased, signaling strong buyer demand alongside thinner over-asking premiums, according to data compiled by the Massachusetts Association of Realtors (MAR).
The single-family market led the way, with notable year-over-year gains in sales activity and continued tight supply.
For single-family homes in July, the median sales price slipped more than 5 percent to $631,750, while closed sales jumped 58 percent from 24 to 38 houses sold compared to July 2024.
Inventory remained constrained, falling 16 percent to 38 homes for sale, and the number of months of supply tightened to 1.3 months, down 35 percent from 2.0 months in July 2024. Such conditions typically favor home sellers.
Homes still commanded, on average, more than the listing price, with the percentage of the original list price received at nearly 101 percent, down from about 102 percent in July 2024.
Forward indicators showed strength. Pending sales more than doubled to 47 from 22, representing a 114 percent increase, and new listings rose 30 percent from 27 to 35, providing fresh options for homebuyers. Real estate activity in Haverhill appears robust.
Through July, single-family pricing remained ahead of last year, and sales were up, MAR reported.
The median sales price increased 8 percent to $605,000 from $558,500, and closed sales climbed 22 percent from 150 to 183 houses sold.
Home buyers paid, on average, nearly 102 percent of the original listing price, a significant cooling off from more than 105 percent through the first seven months of 2024. Competition may not be as intense as it was last year, but it remains a seller's market nonetheless.
New listings jumped nearly 23 percent to 234 compared to 191.
Haverhill, MA Condominiums
Haverhill condominium buyers were busy in July, with pending sales and closed sales spiking higher; however, the median condo price declined, and inventory remains scarce.
The median condo price decreased 7 percent to $385,000, yet closed sales surged 61 percent to 29. Inventory expanded 41 percent to 31 listings, but the number of months of supply edged up to only 1.3 months. A supply of five to six months is considered a balanced market between home buyers and sellers.
Competition for condos cooled, with condo buyers paying, on average, about 101 percent of the original listing price, down from 104 percent of the original asking price.
Pending sales more than doubled from 20 to 42, a 110 percent increase, and new listings leapt 58 percent (19 to 30).
Through the first seven months of 2025, condominium prices are modestly lower on a year-over-year basis, dipping 4 percent to $393,000.
Sales rose from 124 to 165 units closed, a 33 percent increase.
On average, homebuyers paid 101 percent of the original listing price for Haverhill condominiums, down from almost 104 percent. New condo listings jumped 37 percent to 214 through July.
Bottom line: Haverhill's 2025 market is active and competitive, but supply remains tight, which has kept prices stable through the first seven months of the year.
