Canton, MA 3rd Quarter 2015 Real Estate Activity Report

  Canton, MA Real Estate Activity Report


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July 1, 2015 – September 30, 2015


 


Real Estate activity in Canton during the 3rd quarter of 2015 saw an increase in total real estate sales volume but a decrease in borrowing.


 


There was a 16% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 3rd quarter of 2015. 1,390 land documents were recorded versus 1,202 during the 3rd quarter of 2014.


 


The total dollar volume of real estate sales in Canton during the 3rd quarter of 2015 was $59,998,931, a 20% increase over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $454,537, a 6% decrease from the same time period in 2014.


 


The number of mortgages recorded against Canton properties during the 3rd quarter of 2015 was 286, a 16% increase from the 3rd quarter 2014 number. However, total mortgage indebtedness was $88,073,663 for the quarter compared to $367,624,308 for the 3rd quarter 2014.


 


There was 1 foreclosure deed filed against Canton property during the 3rd quarter 2015, the same number of filings as the 3rd quarter 2014. 


 


Finally, homestead activity increased in Canton during the 3rd quarter 2015 with 143 Homesteads recorded representing a 28% increase from the 3rd quarter 2014 total of 112.

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.