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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