Franklin, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Franklin saw increases in both total volume and average sales price.

 

There was a 12% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Franklin in 2015. 6,484 land documents were recorded versus 5,792 during 2014. 

 

The total volume of real estate sales in Franklin during 2015 was $364,454,134, a 62% increase from 2014. The average sales price of homes and commercial property was up 64% in Franklin. The average sale price was $748,365.

 

The number of mortgages recorded (1,469) on Franklin properties in 2015 was up by 17% from the previous year. Total mortgage indebtedness increased by 284% to $1,625,069,062 during the same period.

 

There were 7 foreclosure deeds filed against Franklin properties during 2015, representing an 13% decrease from the previous year when there were 8 foreclosure deeds filed.

 

Finally, homestead activity increased by 1% in Franklin during 2015 with 551 homesteads filed compared to 544 in 2014.

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.