Lowell Real Estate: Week of January 9, 2017

The following real estate sales occurred in Lowell last week:

Week of January 9, 2017

January 9, 2017 - Monday

16 Kearney Dr for $345,000. Prior sale in 1991 for $125,000

206 Pine St for $780,000. Prior sale in 1977

33-35 Jean Ave for $290,000. Prior sale in 1986 for $147,000

January 10, 2017 - Tuesday

1961 Middlesex St Unit F for $175,000. Prior sale in 1984 for $49,900

16-18 Cedar St for $187,000. Prior sale in 1980

138 Cross St for $195,000. Prior sale in 2006 in $620,000

165-181 Market St Unit 14 for $255,000. Prior sale in 2012 for $245,000

157 Nesmith St Unit 1 for $130,000. Prior sale in 2008 for $105,500

January 11, 2017 - Wednesday

100B Roper St for $152,000. Prior sale in 2003 for $157,400

January 12, 2017 - Thursday

337 Stevens St Unit D for $130,000. Prior sale in 1995 for $38,000

216 Wentworth Ave for $379,000. Prior sale in 2013 for $311,000

10 Kearney Sq Unit 404 for $272,000. Prior sale in 2016 for $252,400

201 Thorndike St Unit 3-01 for $132,000. Prior sale in 2002 for $109,900

January 13, 2017 - Friday

40-42 Sidney St for $373,200. Prior sale in 1973

104 West Sixth St for $165,000. Prior sale in 2013 for $58,860

169 Parkview Ave for $360,000. Prior sale in 1986 for $165,000

Electronic Recording in 2016

Electronic recording continued to account for an increasingly large percentage of recordings in 2016. Of the 65,521 documents recorded last year, 33,620 (52%) came to us electronically. More than two-thirds of all mortgages (8,615 of 12,639 or 68%) come to us electronically, as do 60% of mortgage discharges (8,033 of 13,398).

Since the start of electronic recording, the percentage of documents filed that way has continued to increase each year. Here are the annual percentages:

2005 -  1%
2006 -  3%
2007 -  5%
2008 -  7%
2009 - 12%
2010 - 14%
2011 - 30%
2012 - 34%
2013 - 38%
2014 - 38%
2015 - 45%
2016 - 52%

End of year recording statistics

Here are some recording statistics for 2016 (entire year) and for the month of December (with comparisons to the same periods in 2015).

2016 (entire year)

Total docs recorded: 65,521 - an increase of 8% from 2015 (60,516)
Deeds: 7,776 - an increase of 12% from 2015 (6,913)
Mortgages: 12,639 - an increase of 13% from 2015 (11,148)
Foreclosure Deeds: 270 - an increase of 29% from 2015 (209)
Orders of Notice: 471 - a decrease of 2% from 2015 (479)

December 2016

Total docs: 6,125 - increase of 11% from Dec 2015 (5,512)
Deeds: 697 - increase of 7% (650)
Mortgages: 1,145 - increase of 19% (961)
Foreclosure Deeds: 16 - decrease of 41% (27)
Orders of Notice: 28 - decrease of 10% (31)