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Billerica Real Estate



Billerica - A Brief History
(Source: www.mass.gov

 

 

The Town of Billerica is located 20 miles northwest of Boston and borders Lowell to the south. incorporated in 1655, the town remained predominately agricultural until the mid-nineteenth century when a major millcomplexwas sited on the Concord River in North Billerica. 

 

Although a number of smaller industries grew up over the next 100 years, it wasn't until the 1950's that the present day industrial base was established. Today, Billerica is a major regional employer and home to several high technology firms, many of which are offshoots of companies along Route 128.
 
The majority of homes are located within residential subdivisions, although significant older neighborhoods exist in the town center, North Billerica, Pinehurst and Nutting Lake.            

 

The town is within minutes of Route 3 and Route 495, both major highways.  The town has bus and train service provided by the Lowell Regional Transit Authority and the Massachusetts Bay Transportation Authority  in North Billerica. 

 

The remnants of the historic Middlesex Canal, an outmoded mode of transport, traverse the town north to south. Two rivers pass through town.The Concord River is a major regional water feature while the Shawsheen River meanders through the southerly part of town. Billerica is also the site of the Middlesex House of Correction, a significant town employer. Even though much of Billerica has been developed, there are still significant parcels of vacant land which lend a certain rural character to many areas of town.

 

TRANSPORTATION AND ACCESS
Billerica is situated in the Merrimac River Valley, which has excellent rail, air, and highway facilities. State Route 128 and Interstate Route 495 divide the region into inner and outer zones, which are connected by numerous "spokes" providing direct access to the airport, port, and intermodal facilities of Boston.                                          


Major Highways

Principal highways are U.S. Route 3 and State Routes 3A and 129. Interstate  495, the "Outer Belt" around Boston, is easily accessible in the neighboring town of Chelmsford.                                           

Rail  
Commuter rail service is available from North Billerica to North Station,  Boston. Travel time: 37-41 min.; 333 MBTA parking spaces available. 

Bus
  
Billerica is a member of the Lowell Regional Transit Authority (LRTA), which provides fixed bus service between Lowell and Billerica. In addition, paratransit services, including medical trips to Boston and special work trips, are available for the elderly and disabled through LRTA's Road  Runner program.           
                                         

Other 
L.G. Hanscom Field, a reliever Airport with Commercial Service (CR), has a  5,106' asphalt and a 7,001' asphalt and concrete runway. Instrument approaches available: Precision and non-precision. Billerica is within easy trucking distance of the Boston docks and Logan International Airport.  

 
Billerica Single Family Sales Data

 
  2005 2006 2007 2008 2009 2010
Average Sale Price $377,500 $355,000 $346,500 $315,000 $316,367 $325,066
Median Sale Price $386,295 $374,677 $353,679 $317,855 $314,950 $321,500
Number of Sales 359 301 322 282 276 251
Averge DOM 73 117 124 142 116 114
All Single Family
Source: MLS Property Information Network


Sales activity within the Town of Billerica is historically seasonal with most activity occurring during the spring and summer months. Activity usually begins to slow during the fall with the winter months seeing the least amount of activity.

While the town has seen some foreclosure and short sale activity, the number of distressed sales has declined in recent years. Due to fairly stable demand in recent years and near historic low interest rates, overall residential values in the town has shown signs of stabilization over the past 12-18 months.

For a Free report of listings & sales in a specific neighborhood, click on the Community Report tab on the left side of this page.
Useful Links
Town of Billerica Website
Assessor's Database
Town Phone Numbers
Town Info (from Wikipedia)                                                                                           
Sate of MA Website
Registry of Deeds

Homestead Act Questions & Answers
Local News
The Lowell Sun
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