Here are the real estate sales in Lowell for the past week. For several months now, most of the houses being sold fall into one of three categories: (1) the seller has owned the place for decades and presumably has little or no mortgage debt; (2) the property is being sold by a lending institution that became the owner within the past year or two through a mortgage foreclosure; and (3) the seller is getting substantially less in this sale than when the property was purchased, meaning that the seller either comes up with additional cash at closing to pay off the balance of the mortgage or (more likely) the seller’s lender is consenting to releasing its lien on the property for less than the full amount owed due to the realization that no more money would be obtained by foreclosing. With winter, a normally dormant time for real estate, fast approaching, things don’t look good for the local housing market.

November 4, 2013 – Monday
49 July St for $120,299 – 2012 foreclosure

November 5, 2013 – Tuesday
192 Mt Hope St for $263,000. Prior sale in 1978 for $25,000
53 West Jeness St for $279,000. Prior sale in 1972 for $34,000
80 Rogers St #605 for $194,900. 1st sale of condo unit
1461F Pawtucket Blvd #7 for $121,000. Prior sale in 2010 for $120,000

November 6, 2013 – Wednesday
119 Fulton St for $143,000. Prior sale in 1998 for $90,000
341 Pawtucket Blv #8 for $58,300. Prior sale in 2004 for $119,000

November 7, 2013 – Thursday
1217 Middlesex St for $250,000. Prior sale in 2006 for $340,000
151 Humphrey St for $195,000. Prior sale in 1956
846 Lakeview Ave for $116,000. Prior sale in 1953

November 8, 2013 – Friday
43 Seventh St for $64,000. Prior sale in 1983 for $42,900
187 Campbell Dr for $220,000. Prior sale in 1957
80 Rogers St #606 for $199,900. New condo
217 Shaw St for $182,500. Prior sale 2013 foreclosure
393 Lincoln St for $122,500. Prior sale 2013 foreclosure
20 Powell St #7 for $55,000. Prior sale 2013 foreclosure