The median price of a single-family home in Haverhill, Massachusetts jumped nearly 32 percent in July compared July 2012, according to data tracked by The Warren Group, publisher of Banker & Tradesman.
The median price for a single-family home in Haverhill, MA in July stood at $259,000, an increase from $196,500. During the first seven months of 2013, the median price increased 17.59 percent compared to the same period in 2012. Through July, the median price stood at $254,000 compared to $216,000 for a single-family home during the same seven-month period in 2012.
Home sales in Haverhill increased 12 percent in July to 37 sales, up from 33 home sales in July 2012. Similar to other cities and towns around Massachusetts, tight inventory has put a cap on home sales in Haverhill. Through July, homes sales declined 1.54 percent compared to the first seven months of 2012. There were 195 single-family home sales January through July in 2012 and 192 sales during the same period this year.