Canton, MA 1st Quarter 2019 Real Estate Activity Report

During the 1st quarter of 2019, real estate activity in Canton saw decreases in both total sales volume and average sales price.

 

There was a 2% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 1st quarter 2019. 977 land documents were recorded versus 962 during the first quarter 2018.  

 

The total volume of real estate sales in Canton during the 1st quarter 2019 was $62,157,865, a 70% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property was down 66% in Canton. The average sale price was $900,838. These figures were impacted by the $76 million sale of the former Reebox headquarters in March 2018.   

 

The number of mortgages recorded (199) on Canton properties during the 1st quarter 2019 was up 6% compared to the previous year. Also, total mortgage indebtedness increased 3% to $107,188,758 during the same period.

 

There were 2 foreclosure deeds filed against Canton properties during the 1st quarter 2019 compared to 0 foreclosure deeds filed during the 1st quarter 2018. 

 

Finally, homestead activity decreased 8% in Canton during the 1st quarter 2019 with 199 homesteads filed compared to 188 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.