Market Update

DOWNTOWN LOWELL MARKET UPDATE
last 3 months ending on:
January 31, 2010  This update reflects an average price per square foot in downtown Lowell of $157, down $1 from the last average price of $158.
ALL LOWELL
					Nov-09	Dec-09	Jan-10
	Units on Market				154	139	141
	Avg Days on Market				197	199	169
	01854-10852				109	102	108
	Avg Days on Market				186	205	176
DOWNTOWN
					Nov-09	Dec-09	Jan-10
	Units on Market				43	44	48
	Add Boott, Add DeAngelis				44	45	50
	Avg $ per SqFt ON MARKET				211	217	202
	Avg $ per SqFt SOLD				159	162	150
	Avg Days on Market				218	226	130
DOWNTOWN SALES
Number of Units Sold Last 3 Months
			Nov-09	Dec-09	Jan-10
	TOTAL		4	2	1
	AVERAGE		9/mo	5.6/mo	2.3/mo
DOWNTOWN INVENTORY
Inventory equals current units on market divided by average units sold per month
			Nov-09	Dec-09	Jan-10
			4.7 mos	8 mos	22 mos
OFFICES / SALES
				Nov-09	Dec-09	Jan-10
				L / S / B	L / S / B	L / S / B
	LOWELL LOFTS			0   1   0		1   1   1
	REMAX			0   2   0	2  0  0
	COLDWELL BANKER
	ERA MORRISON
	C21			1   0   0	0  1  0
	KELLER WILLIAMS
	BOOTT MILLS			1   0   0
	EXIT
	WILSON WOLFE
	STONEWALL
	EARTH			0   1   0
	EDGE GROUP			1   0   0
	MISC			1   0   0	0  1  0

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