During the 2nd quarter of 2016, real estate activity in Millis saw a decrease in total sales volume and no change in average sales price.
There was a 16% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 2nd quarter 2016. 479 land documents were recorded versus 569 during the second quarter 2015.
The total volume of real estate sales in Millis during the 2nd quarter 2016 was $15,312,684, a 14% decrease from the same time period in 2015. There was no percentage change in the average sale price of homes and commercial property in Millis. The average sale price was $348,015.
The number of mortgages recorded (121) on Millis properties during the 2nd quarter 2016 was up 9% from the previous year. Total mortgage indebtedness also increased by 12% to $29,468,909 during the same period.
There were 0 foreclosure deeds filed against Millis properties during 2nd quarter 2016 compared to 3 foreclosure deeds filed during the 2nd quarter 2015.
Finally, homestead activity decreased 12% in Millis during the 2nd quarter 2016 with 51 homesteads filed compared to 58 during the same time period in 2015.