Havelock-Belmont-Methuen Real Estate Statistics

Havelock-Belmont-Methuen Real Estate Price Trend
Havelock-Belmont-Methuen real estate average sold price in the last 30 days (December 19 - January 17) was $467,833, which is $195,000 (41.7%) lower than the average price of $662,833 in the previous 30 day period (November 19 - December 18), and $125,333 (26.8%) up from the same period 1 year ago ($342,500). Havelock-Belmont-Methuen real estate prices over the last 30 days are also $179,526 (38.4%) lower than the average selling price of $647,359 over the past year.
Havelock-Belmont-Methuen average sold price for homes was $467,833 in the last 30 days (December 19 - January 17), which is $195,000 (41.7%) down from the average home price of $662,833 in the previous 30 day period (November 19 - December 18), and $125,333 (26.8%) higher than the same period 1 year ago ($342,500). In the last 30 days Havelock-Belmont-Methuen the average home price was $179,526 (38.4%) lower than the average selling price of $647,359 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Havelock-Belmont-Methuen real estate was $467,833 in the last 30 days (December 19 - January 17), which is collectively $20,133 (3.1%) lower than the average asking price of $641,228. This represents an increase of $14,133 (41.2%) compared to $34,266 (5.0%) Sold-Under-Asking price from the previous 30 day period (November 19 - December 18).
The maximum Sold Over/Under Asking ratio in Havelock-Belmont-Methuen during the last 12 months was recorded in March, 2024 with an average of $11,591 under the asking price, while the minimum occurring in September, 2024 with $104,874 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Havelock-Belmont-Methuen was 42.9% with 3 properties sold and 7 new properties listed in the past 30 days (December 19 - January 17). This represents a decrease from 85.7% recorded during the previous 30 day period (November 19 - December 18), and an increase from 14.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Havelock-Belmont-Methuen was 600.0% recorded in December and the lowest was in September at 19.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 3 properties that were successfully sold in Havelock-Belmont-Methuen in the last 30 days (December 19 - January 17) was 47 days, which is 39 days less than 86 days average in the previous 30 day period (November 19 - December 18) and 116 days shorter than during the same period a year ago (163 days).
There were 7 delisted properties in Havelock-Belmont-Methuen, those that got either Expired, Suspended or Terminated over the last 30 days (December 19 - January 17) with an average of 159 days on the market. This is 36 days longer than the average of 123 days during the previous 30 day period (November 19 - December 18) and 44 days more compared to the same period last year average of 115 days on the market.
7 Havelock-Belmont-Methuen properties that didn't sell stayed on the market 238.3% longer than 3 that sucessfully sold over the last 30 days - 47 days when sold vs 159 days when delisted respectively.
Average Days on the Market in Havelock-Belmont-Methuen over the past 12 months for properties that have sold was 55.1 days, with 89.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
7 new properties were listed on the market in Havelock-Belmont-Methuen in the last 30 days (December 19 - January 17). During the same time 3 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or 42.9%).
During the previous 30 day period (November 19 - December 18) there were 7 new properties listed, 6 sold and 14 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 26 new properties listed, the slowest - December with 1 new listings and a yearly average of 16 new listings per month.
New Real Estate Listings by Property Type
There were a total of 7 homes listed during the last 30 days (December 19 - January 17), which is 100.0% of all properties listed in Havelock-Belmont-Methuen. This is a 0.0% decline compared with a previous 30 day period (November 19 - December 18) and 0.0% down from the same period a year ago. Over the past year an average of 16 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 3 homes sold during the last 30 days (December 19 - January 17), which is 100.0% of all properties sold in Havelock-Belmont-Methuen. This is a 50.0% decline compared with a previous 30 day period (November 19 - December 18) and 200.0% up from the same period a year ago. Over the past year an average of 9 homes are were sold per month.
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