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 (March 24 - April 22) was $558,487, which is $127,737 (22.9%) higher than the average price of $430,750 in the previous 30 day period (February 23 - March 23), and $108,487 (19.4%) up from the same period 1 year ago ($450,000). Havelock-Belmont-Methuen real estate prices over the last 30 days are also $75,616 (13.5%) higher than the average selling price of $482,871 over the past year.
Havelock-Belmont-Methuen average sold price for homes was $558,487 in the last 30 days (March 24 - April 22), which is $127,737 (22.9%) up from the average home price of $430,750 in the previous 30 day period (February 23 - March 23), and $108,487 (19.4%) higher than the same period 1 year ago ($450,000). In the last 30 days Havelock-Belmont-Methuen the average home price was $75,616 (13.5%) higher than the average selling price of $482,871 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Havelock-Belmont-Methuen real estate was $558,487 in the last 30 days (March 24 - April 22), which is collectively $15,575 (1.9%) lower than the average asking price of $823,194. This represents a decline of $4,385 (39.2%) compared to $11,190 (1.3%) Sold-Under-Asking price from the previous 30 day period (February 23 - March 23).
The maximum Sold Over/Under Asking ratio in Havelock-Belmont-Methuen during the last 12 months was recorded in August, 2023 with an average of $11,404 over the asking price, while the minimum occurring in December, 2023 with $107,400 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 47.1% with 8 properties sold and 24 new properties listed in the past 30 days (March 24 - April 22). This represents an increase from 41.7% recorded during the previous 30 day period (February 23 - March 23), and an increase from 30.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Havelock-Belmont-Methuen was 8,341.2% recorded in September and the lowest was in January at 22.2%. 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 8 properties that were successfully sold in Havelock-Belmont-Methuen in the last 30 days (March 24 - April 22) was 38 days, which is 8 days less than 46 days average in the previous 30 day period (February 23 - March 23) and 18 days longer than during the same period a year ago (20 days).
There were 5 delisted properties in Havelock-Belmont-Methuen, those that got either Expired, Suspended or Terminated over the last 30 days (March 24 - April 22) with an average of 54 days on the market. This is 2 days longer than the average of 52 days during the previous 30 day period (February 23 - March 23) and 21 days less compared to the same period last year average of 75 days on the market.
5 Havelock-Belmont-Methuen properties that didn't sell stayed on the market 42.1% longer than 8 that sucessfully sold over the last 30 days - 38 days when sold vs 54 days when delisted respectively.
Average Days on the Market in Havelock-Belmont-Methuen over the past 12 months for properties that have sold was 52.7 days, with 77.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
17 new properties were listed on the market in Havelock-Belmont-Methuen in the last 30 days (March 24 - April 22). During the same time 8 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 23.5%).
During the previous 30 day period (February 23 - March 23) there were 24 new properties listed, 10 sold and 7 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 24 new properties listed, the slowest - November with 4 new listings and a yearly average of 10 new listings per month.
New Real Estate Listings by Property Type
There were a total of 17 homes listed during the last 30 days (March 24 - April 22), which is 100.0% of all properties listed in Havelock-Belmont-Methuen. This is a 29.2% decline compared with a previous 30 day period (February 23 - March 23) and 70.0% up from the same period a year ago. Over the past year an average of 10 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (March 24 - April 22), which is 100.0% of all properties sold in Havelock-Belmont-Methuen. This is a 20.0% decline compared with a previous 30 day period (February 23 - March 23) and 166.7% up from the same period a year ago. Over the past year an average of 138 homes are were sold per month.