Comparing the first 10 months of the year to the first 10 months of 2007, the median price of a single-family home in Billerica, Massachusetts has declined 8.6 percent from $350,000 to $320,000. The median price is down from $377,500 during the same period in 2005.
Year Median Price
2005 $377,500
2006 $360,000
2007 $350,000
2008 $320,000
After seeing the number of single-family homes sales increase from 2006 to 2007 (257 to 288) during the first 10 months of the year, single-family homes in Billerica, MA declined 14.2 percent from January 1, 2008 to October 31, 2008, compared to the same period in 2007, sinking from 288 sales to 240 sales.
Year No. of Sales
2005 315
2006 257
2007 288
2008 240
The average number of days on the market during the first 10 months of the year increased for a single-family house in Billerica, rising from 127 days in 2007 to 148 days this year
Year DOM
2005 72
2006 115
2007 127
2008 148
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