Median sales prices

I recently ran a report seeking the median sales price of deeds recorded in various communities in this registry district for 2010, 2011 and the first four months of 2012.  I limited the query to deeds with consideration greater than $75,000 but less than $750,000.  Here are the results:


Lowell – The median sales price on a deed recorded for property in Lowell during 2010 was $180,000 (N (number of deeds) = 962).  The median price of those recorded during 2011 was $170,000 (N = 904), a decline of 6%.  The median price of those recorded during the first four months of 2012 was $169,900 (N = 265) which represents no change from the 2011 median.

Billerica - The median sales price on a deed recorded for property in Billerica during 2010 was $300,000 (N = 387).  The median price of those recorded during 2011 was $285,000 (N = 334), a decline of 5%.  The median price of those recorded during the first four months of 2012 was $243,000 (N = 116) which represents a decline of 15% from the 2011 median.

Chelmsford - The median sales price on a deed recorded for property in Chelmsford during 2010 was $290,000 (N = 372).  The median price of those recorded during 2011 was $275,250 (N = 406), a decline of 5%.  The median price of those recorded during the first four months of 2012 was $279,000 (N = 98) which represents a decline of 1% from the 2011 median.

Dracut - The median sales price on a deed recorded for property in Dracut during 2010 was $237,000 (N = 345).  The median price of those recorded during 2011 was $214,800 (N = 327), a decline of 9%.  The median price of those recorded during the first four months of 2012 was $210,000 (N = 97) which represents a decline of 2% from the 2011 median.

Tewksbury - The median sales price on a deed recorded for property in Tewksbury during 2010 was $289,000 (N = 333).  The median price of those recorded during 2011 was $280,000 (N = 313), a decline of 7%.  The median price of those recorded during the first four months of 2012 was $235,000 (N = 112) which represents a decline of 16% from the 2011 median.

Tyngsborough - The median sales price on a deed recorded for property in Tyngsborough during 2010 was $262,000 (N = 152).  The median price of those recorded during 2011 was $262,000 (N = 151), representing no change.  The median price of those recorded during the first four months of 2012 was $215,000 (N = 33) each represents a decline of 18% from the 2011 median.

Westford - The median sales price on a deed recorded for property in Westford during 2010 was $338.250 (N = 358).  The median price of those recorded during 2011 was $360,000 (N = 294), a decline of 8%.  The median price of those recorded during the first four months of 2012 was $361,000 (N = 81) which represents no change from the 2011 median.