Canton, MA 3rd Quarter 2019 Real Estate Activity Report

During the 3rd quarter of 2019, real estate activity in Canton saw increases in both total sales volume and average sales price.

 

There was no statistical change in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 3rd quarter 2019. 1,393 land documents were recorded versus 1,396 during the third quarter 2018.  

 

The total volume of real estate sales in Canton during the 3rd quarter 2019 was $89,069,159, a 15% increase from the same time period in 2018. Also, the average sale price of homes and commercial property was up 41% in Canton. The average sale price was $832,422.    

 

The number of mortgages recorded (321) on Canton properties during the 3rd quarter 2019 was up 37% compared to the previous year. Also, total mortgage indebtedness increased 167% to $214,645,006 during the same period. This figure was impacted by 2 large commercial loans of $75 million and $56.7 million recorded against Canton properties during the quarter. 

 

There was 1 foreclosure deed filed against a Canton property during the 3rd quarter 2019, the same number recorded during the 3rd quarter 2018. 

 

Finally, homestead activity decreased 13% in Canton during the 3rd quarter 2019 with 125 homesteads filed compared to 144 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.