During 2018, real estate activity in Wrentham saw increases in both total sales volume and average sales price.
There was an 8% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham in 2018. 2,643 land documents were recorded versus 2,873 in 2017.
The total volume of real estate sales in Wrentham during 2018 was $127,547,627, a 12% increase from 2017. The average sales price of homes and commercial property was up 13% in Wrentham. The average sale price was $508,157.
The number of mortgages recorded (530) on Wrentham properties in 2018 was down 9% from the previous year. However, total mortgage indebtedness increased 31% to $226,826,196 during the same period.
There were 3 foreclosure deeds filed against Wrentham properties during 2018, representing a 63% decrease from the previous year when there were 8 foreclosure deeds recorded.
Finally, homestead activity increased 8% in Wrentham during 2018 with 264 homesteads filed compared to 244 in 2017.