Brookline, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Brookline saw increases in both total volume and average sales price.

 

There was a 15% increase in the number of land documents recorded at the Norfolk County Registry of Deeds for Brookline during 2015. 10,750 land documents were recorded versus 9,310 during 2014. 

 

The total volume of real estate sales in Brookline during 2015 was $1,251,189,568, a 23% increase from 2014. The average sale price of homes and commercial property was up by 14% in Brookline. The average sale was $1,357,038.

 

The number of mortgages recorded (2,259) on Brookline properties in 2015 was up 26% from the previous year. Total mortgage indebtedness also increased by 9% to $1,655,498,257 during the same period.

 

There were 2 foreclosure deeds filed against Brookline properties during 2015, representing a 33% decrease from the previous year where there was 3 foreclosure deeds filed.

 

Finally, homestead activity increased 11% in Brookline during 2015 with 882 homesteads filed compared to 797 in 2014.

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.