Brookline, MA 3rd Quarter 2019 Real Estate Activity Report

During the 3rd quarter of 2019, real estate activity in Brookline saw increases in total sales volume and average sales price.

 

There was an 11% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Brookline during the 3rd quarter 2019. 2,607 land documents were recorded versus 2,344 during the third quarter 2018.  

 

The total volume of real estate sales in Brookline during the 3rd quarter 2019 was $345,825,599, an 18% increase from the same time period in 2018. Also, the average sales price of homes and commercial property increased 25% in Brookline. The average sale price was $1,530,201. 

 

The number of mortgages recorded (506) on Brookline properties during the 3rd quarter 2019 was up 38% from the previous year. Also, total mortgage indebtedness increased 69% to $501,104,297 during the same period.

 

There were 0 foreclosure deeds filed against Brookline properties during the 3rd quarter 2019 compared to 1 foreclosure deed filed during the 3rd quarter 2018. 

 

Finally, homestead activity increased 12% in Brookline during the 3rd quarter 2019 with 231 homesteads filed compared to 206 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.