Braintree, MA 2019 Real Estate Activity Report

During 2019, real estate activity in Braintree 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 Braintree during 2019. 6,902 land documents were recorded versus 6,473 during 2018.  

 

The total volume of real estate sales in Braintree during 2019 was $354,121,519, a 6% decrease from 2018. However, the average sale price of homes and commercial property was up 2% in Braintree. The average sale price was $632,587. 

 

The number of mortgages recorded (1,580) on Braintree properties during 2019 was up 19% from the previous year. Also, total mortgage indebtedness increased by 14% to $748,685,921 during the same period.

 

There were 3 foreclosure deeds filed against Braintree properties during 2019 compared to 10 filed during 2018. 

 

Finally, homestead activity in Braintree showed no statistical change during 2019 with 659 homesteads filed versus 662 recorded during 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.