Medfield, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Medfield saw decreases in both total sales volume and average sales price.

 

There was a 0% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Medfield in 2016. 3,074 land documents were recorded versus 3,073 in 2015. 

 

The total volume of real estate sales in Medfield during 2016 was $137,992,394, a 17% decrease from 2015. Also, the average sales price of homes and commercial property was down 3% in Medfield. The average sale price was $663,424.

 

The number of mortgages recorded (776) on Medfield  properties in 2016 was up 4% from the previous year. Total mortgage indebtedness increased by 7% to $285,304,182 during the same period.

 

There were 4 foreclosure deeds filed against Medfield properties during 2016, representing a 33% increase from the previous year when there were 3 foreclosure deed filed.

 

Finally, homestead activity decreased 5% in Medfield during 2016 with 272 homesteads filed compared to 286 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.