Bellingham, MA 2nd Quarter 2019 Real Estate Activity Report

During the 2nd quarter of 2019, real estate activity in Bellingham saw decreases in both total sales volume and average sales price.

 

There was a 14% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Bellingham during the 2nd quarter 2019. 1,116 land documents were recorded versus 983 during the second quarter 2018.  

 

The total volume of real estate sales in Bellingham during the 2nd quarter 2019 was $40,581,467, a 37% decrease from the same time period in 2018. Also, the average sales price of homes and commercial property decreased 39% in Bellingham. The average sale price was $365,598


The number of mortgages recorded (220) on Bellingham properties during the 2nd quarter 2019 was up 13% from the previous year. However, total mortgage indebtedness decreased 30% to $54,303,584 during the same period.

 

There were 2 foreclosure deeds filed against Bellingham properties during the 2nd quarter 2019 compared to 4 foreclosure deed filings during the 2nd quarter 2018. 

 

Finally, homestead activity increased 18% in Bellingham during the 2nd quarter 2019 with 118 homesteads filed compared to 100 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.