Wednesday, August 22, 2012

Median Prices

I heard a report on the radio today about national trends in real estate.  A spokesperson for the National Association of Realtors said both sales and prices of single family homes for July were both up 10% from last July. 

Our records don't identify the use of the property, so I can't share any info on single family home prices, but I can tell you the median price of deeds recorded for the towns in the district.  From January 1, 2012 until today, using a bottom cut-off of $60,000 and a top cut-off of $900,000, here are the median prices for the ten towns in the Middlesex North District for 2012 to date:

Billerica - $283,000
Carlisle - $474,450
Chelmsford - $279,900
Dracut - $215,000
Dunstable - $399,900
Lowell - $165,750
Tewksbury - $270,000
Tyngsborough - $240,000
Westford - $377,154
Wilmington - $353,250

Maybe in a future report I'll provide median prices for one or more earlier years for comparison's sake.  For now, however, we have to be content comparing the median prices against each other.

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