Billerica, MA Median Home Price, Sales Decline Q1

In Billerica, Massachusetts, 37 single-family homes sold during the first quarter of this year compared to 56 sales during the same quarter of 2008, decline of 51.35 percent.  

During the first quarter of 2007 Billerica, MA recorded 75 sales of single-family residences, which is 102.7 percent more than Q1 2009.

Compared to Q1 2008, the median selling price of Billerica single-family properties fell by 18.16 percent to $300,000 in Q1 2009.  The first quarter median home price was $366,555 in 2008.

The average number of days on the market during the first quarter of 2009 was 15.91 percent shorter than in Q1 2008.  Single-family homes in Billerica averaged 148 days on the market, compared with 176 during the same quarter of 2008.  In 2006, Billerica single-family properties averaged only 103 days on the market during the first quarter.

This data comes from MLS Property Information Network, Inc.

Billerica, MA Real Estate Market Data

                   Median Price    Number of Sales    Days on the Market

Q1 2006:        $345,000                     55                                 103 
Q1 2007:        $385,485                     75                                 159
Q1 2008:        $366,555                      56                                 176
Q1 2009:        $300,000                     37                                 148

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