Downtown Market Trends


Median Sales Price in Downtown

 

1 yr 5 yr Max
Downtown median sales prices
Number of sold homes in Downtown
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Downtown $131,750 -20.6% $169,900 $166,000 $182,500
Lowell $155,750 -14.0% $167,450 $181,000 $180,000
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Summary for Downtown


The median sales price for homes in Downtown for May 14 to Aug 14 was $131,750. This represents a decline of 22.5%, or $38,150, compared to the prior quarter and a decrease of 20.6% compared to the prior year. Sales prices have depreciated 27.8% over the last 5 years in Downtown, Lowell. The median sales price of $131,750 for Downtown is 15.41% lower than the median sales price for Lowell MA. Average listing price for homes on Trulia in Downtown was $195,813 for the week ending Aug 13, which represents an increase of 4.8%, or $9,050 compared to the prior week and an increase of 4.9%, or $9,188, compared to the week ending Jul 23. Average price per square foot for homes in Downtown was $126 in the most recent quarter, which is 10.00% lower than the average price per square foot for homes in Lowell.

Average Listing Price in Downtown

 

Downtown average property price
Downtown – number of properties
Neighborhood Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Week ending
Jul 23
Downtown $195,813 +4.8% $186,763 $177,644 $186,625
Lowell $239,599 +0.4% $238,588 $241,806 $241,472
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Average Price Per Sqft. for Homes in Downtown

 

1 yr 5 yr Max
Downtown average price per square foot
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Downtown $126 -8.0% $131 $137 $152
Lowell $140 +3.7% $116 $135 $131
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Popular Neighborhoods in Lowell


Neighborhoods Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Highlands 1 1 2
Belvidere 2 2 1
Centralville 3 3 4
South Lowell 4 4 3
Pawtucketville 5 5 5
Downtown 6 6 6
Homes for Sale in Downtown
View all Downtown Homes for Sale