Canton, MA 2018 Real Estate Activity Report

During 2018, real estate activity in Canton saw increases in both total sales volume and average sales price.

 

There was a 7% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds for the town of Canton in 2018. 4,870 land documents were recorded versus 5,219 in 2017. 

 

The total volume of real estate sales, both residential and commercial, in Canton during 2018 was $533,247,742, a 97% increase from 2017. The average sale price of homes and commercial property was also up 92% in Canton. The average sales price was $1,195,622. These figures were impacted by the $76 million sale of the former Reebok headquarters on 3/14/18. 

 

The number of mortgages recorded (908) against Canton properties in 2018 was down 11% from the previous year. However, total mortgage indebtedness increased by 22% to $4601,270,425 during the same period.

 

There were 2 foreclosure deeds filed against Canton properties during 2018, representing a 67% decrease from the previous year when there were 6 foreclosure deeds filed.

 

Finally, homestead activity decreased 2% in Canton during 2018 with 478 homesteads filed compared to 490 in 2017.

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.