Medfield, MA 1st Quarter 2019 Real Estate Activity Report

During the 1st quarter of 2019, real estate activity in Medfield saw increases in both total sales volume and average sales price.

 

There was a 3% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Medfield during the 1st quarter 2019. 472 land documents were recorded versus 485 during the first quarter 2018.  

 

The total volume of real estate sales in Medfield during the 1st quarter 2019 was $26,858,087, a 27% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 3% in Medfield. The average sale price was $725,894. 

 

The number of mortgages recorded (102) on Medfield properties during the 1st quarter 2019 was up 3% from the previous year. Total mortgage indebtedness also increased 11% to $35,202,294 during the same period.

 

There were 0 foreclosure deeds filed against Medfield properties during  the 1st quarter 2019 compared to 1 foreclosure deed filed during the 1st quarter 2018. 

 

Finally, homestead activity increased 15% in Medfield during the 1st quarter 2019 with 45 homesteads filed compared to 39 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.