Canton, MA 2nd Quarter 2018 Real Estate Activity Report

During the 2nd quarter of 2018, real estate activity in Canton saw large increases in both total sales volume and average sales price.

 

There was a 10% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 2nd quarter 2018. 1,284 land documents were recorded versus 1,428 during the second quarter 2017.  

 

The total volume of real estate sales in Canton during the 2nd quarter 2018 was $130,802,797, a 50% increase from the same time period in 2017. Also, the average sale price of homes and commercial property was up 56% in Canton. The average sale price was $976,140. These numbers were significantly impacted by a $61.2 million apartment complex sale that took place on 5/29/18.   

 

The number of mortgages recorded (254) on Canton properties during the 2nd quarter 2018 was down 11% compared to the previous year. However, total mortgage indebtedness increased 48% to $290,595,899 during the same period.

 

There was 1 foreclosure deed filed against a Canton property during the 2nd quarter 2018 compared to 2 foreclosure deeds filed during the 2nd quarter 2017. 

 

Finally, homestead activity decreased 8% in Canton during the 2nd quarter 2018 with 136 homesteads filed compared to 148 during the same time period 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.