Register O’Donnell reveals Norfolk County’s most expensive real estate sales 1st half of 2023

 


Dedham, MA – Norfolk County Register of Deeds William P. O’Donnell reported that in the first half of 2023, ten properties, a mix of commercial and residential, sold for more than $9,600,000, with a median price of $10,375,000.


The prices on the property to follow concern real estate sales during the period of January 1st, 2023, through June 29th, 2023.


The ten properties were:


10.      136 Woodland Road, Brookline, a 7,100-square-foot home with 5 beds and 5.5 baths built on


.97 acres of land, sold in January for $9,688,000;


 


9.        20 Scanlon Drive, Randolph, a 7,292-square-foot, 5-unit office building on 3.4 acres, sold in


June for $9,925,000;


 


8.        106 Washington Street, Foxborough, a 53,880-square-foot, 448-unit self-storage facility, sold in


April for $10,250,000;


 


7.        15 Valley Road, Wellesley, a 13,501-square-foot, 6-bed, 10-bath home on 1.08 acres, sold in


May for $10,500,000;


 


6.        30 Old Page Street, Stoughton, a 7,420-square-foot warehouse and tree removal facility, was


sold in May for $11,020,000 to Stoughton Logistics LLC, a transportation, logistics, supply chain,


and storage company;


 


5.        55 Summer Street, Walpole, “Cedar Crossing Apartments and Cedar Edge


Condominiums,” sold in March to Omni Development LLC for $13,600,000. The 29.2


acre lot is part of a proposed development for 240 rental units and 60 Condominiums.


 


4.        16-20 Bailey Court & 32 Neponset Street, Canton, the “Canton Estates Apartment


Homes,” a 64-unit apartment complex, sold in February for $15,300,000;


 


3.        2121 Central Street & Henry Street, Stoughton, a 91-unit, 277-room assisted living


facility, sold in April for $18,713,000;


 


2.        102–104 Revere Street, Canton, a 3-story apartment building known as “Millside at Heritage


Park,” housing 60 units built on 2.24 acres, sold in February for $26,625,000.


 


1.        40 Allied Drive, Dedham/ Westwood, The Hilton hotel on the Dedham Westwood boarder sold in


June for $41,900,000.


The top sales appear to have been a combination of residential, retail, industrial and warehouse space, and distribution facilities.


“The variety of these developments bodes well for the Norfolk County economy, both in terms of employment and revenue,” said Register O’Donnell.


Excise taxes from these 10 sales totaled more than $763,000 for the state and county.


“Despite the overall decline in activity throughout the county, there are still pockets of the market here in Norfolk County that are seeing growth and stability, particularly in certain neighborhoods and property types,” noted Register O’Donnell.


So far in 2023, there have been 6,993 property sales recorded in the Norfolk Count during 2022, with an average price of $942,313 down 27% over the same time period last year.


“With prices down over a quarter from last year, we are starting to see renters, business owners, and homeowners alike take advantage of the easing of property prices,” said Register O’Donnell. “As we head further into the summer months, we hope to see similar real estate activity, but time will tell.”

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.