Bellingham, MA 2nd Quarter 2016 Real Estate Activity Report

During the 2nd quarter of 2016, real estate activity in Bellingham saw a decrease in total sales volume but an increase in average sales price.

 

There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Bellingham during the 2nd quarter 2016. 1,095 land documents were recorded versus 1,024 during the second quarter 2015.  

 

The total volume of real estate sales in Bellingham during the 2nd quarter 2016 was $27,262,664, a 6% decrease from the same time period in 2015. However, the average sale price of homes and commercial property increased 7% in Bellingham. The average sale price was $317,007. 

 

The number of mortgages recorded (222) on Bellingham properties during the 2nd quarter 2016 was up 5% from the previous year. Total mortgage indebtedness decreased by 14% to $46,675,917 during the same period.

 

There were 5 foreclosure deeds filed against Bellingham properties during 2nd quarter 2016, the same number recorded during the 2nd quarter 2015. 

 

Finally, homestead activity increased 9% in Bellingham during the 2nd quarter 2016 with 96 homesteads filed compared to 88 during the same time period 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.