Canton, MA 2nd Quarter 2017 Real Estate Activity Report

During the 2nd quarter of 2017, real estate activity in Canton saw decreases in both total sales volume and average sales price.

 

There was a 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 2nd quarter 2017. 1,426 land documents were recorded versus 1,452 during the second quarter 2016.  

 

The total volume of real estate sales in Canton during the 2nd quarter 2017 was $87,432,456, a 9% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property was down 21% in Canton. The average sale price was $624,517.  

 

The number of mortgages recorded (285) on Canton properties during the 2nd quarter 2017 was down 14% compared to the previous year. However, total mortgage indebtedness increased 89% to $195,901,430 during the same period.

 

There were 2 foreclosure deeds filed against Canton properties during the 2nd quarter 2017 compared to 4 foreclosure deed filings during the 2nd quarter 2016. 

 

Finally, homestead activity increased 13% in Canton during the 2nd quarter 2017 with 148 homesteads filed compared to 131 during the same time period in 2016.

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.