Bellingham, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Bellingham saw increases in both total sales volume and average sales price.

 

There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Bellingham during 2016. 4,203 land documents were recorded versus 3,972 in 2015. 

 

The total volume of real estate sales, both residential and commercial, in Bellingham during 2016 was $192,151,951, a 41% increase from 2015. The average sale price of homes and commercial property was up 52% in Bellingham. The average sale price was $585,829.

 

The number of mortgages recorded (874) on Bellingham properties in 2016 was up 8% from the previous year. Total mortgage indebtedness also increased 23% to $263,645,623 during the same period.

 

There were 15 foreclosure deeds filed against Bellingham properties during 2016, representing a 35% decrease from the previous year when there were 23 foreclosure deeds filed.   

 

Finally, homestead activity increased 8% in Bellingham during 2016 with 341 homesteads filed compared to 317 in 2015.

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.