Foxborough, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Foxborough saw decreases in both total sales volume and average sales price.

 

There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Foxborough during the 3rd quarter 2016. 1,066 land documents were recorded versus 966 during the third quarter 2015.  

 

The total volume of real estate sales in Foxborough during the 3rd quarter 2016 was $42,791,893, a 16% decrease from the same time period in 2015. Also, the average sale price of homes and commercial property decreased 10% in Foxborough. The average sale price was $480,807.  

 

The number of mortgages recorded (253) on Foxborough properties during the 3rd quarter 2016 was up 21% from the previous year. However, total mortgage indebtedness decreased by 3% to $80,047,970 during the same period.

 

There were 3 foreclosure deeds filed against Foxborough properties during the 3rd quarter 2016, the same number filed during the 3rd quarter 2015. 

 

Finally, homestead activity increased 1% in Foxborough during the 3rd quarter 2016 with 84 homesteads filed compared to 83 during the same time period in 2015.

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.