Foxborough, MA 2018 Real Estate Activity Report

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

 

There was an 8% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Foxborough in 2018. 3,289 land documents were recorded versus 3,559 during 2017. 

 

The total volume of real estate sales in Foxborough during 2018 was $345,209,064, a 117% increase from 2017. Also, the average sales price of homes and commercial property was up 121% in Foxborough. The average sale price was $1,166,246. These numbers were impacted by the $177.6 million sale of Steward Hospital, which included property located in Foxborough, on 6/28/18. 

 

The number of mortgages recorded (664) on Foxborough properties in 2018 was down 11% from the previous year. Total mortgage indebtedness also decreased 40% to $200,988,201.

 

There were 2 foreclosure deeds filed against Foxborough properties during 2018, representing a 75% decrease from the previous year when there were 8 foreclosure deeds filed.

 

Finally, homestead activity decreased 10% in Foxborough during 2018 with 304 homesteads filed compared to 338 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.