Bellingham, MA 1st Quarter 2019 Real Estate Activity Report

During the 1st quarter of 2019, real estate activity in Bellingham saw decreases in both total sales volume and average sales price.

 

There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Bellingham during the 1st quarter 2019. 697 land documents were recorded versus 787 during the first quarter 2018.  

 

The total volume of real estate sales in Bellingham during the 1st quarter 2019 was $50,547,527, a 12% decrease from the same time period in 2018. Also, the average sales price of homes and commercial property decreased 18% in Bellingham. The average sale price was $842,458.   

The number of mortgages recorded (126) on Bellingham properties during the 1st quarter 2019 was down 13% from the previous year. Also, total mortgage indebtedness decreased 58% to $25,630,744 during the same period.

 

There were 5 foreclosure deeds filed against Bellingham properties during the 1st quarter 2019 compared to 3 foreclosure deed filings during the 1st quarter 2018. 

 

Finally, homestead activity decreased 18% in Bellingham during the 1st quarter 2019 with 49 homesteads filed compared to 60 during the same time period in 2018.

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.