Thursday, August 22, 2013

Median sales price in Lowell: 2000 to 2012

The documents recorded here at the Registry of Deeds don't identify the use of the property (residential, retail, industrial, etc) but deeds recorded here do tell us how much was paid for the property.  I recently queried our database to determine the median price of deeds recorded in Lowell each year from 2000 through 2012.  To eliminate really high or really low prices, I restricted this analysis to deeds with consideration greater than $75,000 and less than $750,000.  Using that method, here's the median price of properties in Lowell for the years indicated. 
  • 2000 - $140,000
  • 2001 - $162,000
  • 2002 - $187,375
  • 2003 - $217,000
  • 2004 - $238,600
  • 2005 - $254,900
  • 2006 - $247,000
  • 2007 - $225,000
  • 2008 - $184,900
  • 2009 - $178,500
  • 2010 - $180,000
  • 2011 - $170,000
  • 2012 - $175,000

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