Medfield, MA 2nd Quarter 2015 Real Estate Activity Report

Real Estate activity in Medfield, MA during the 2nd quarter of 2015 saw a decrease in total real estate sales volume and increases in borrowing.


There was a 27% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Medfield during the 2nd quarter of 2015. 896 land documents were recorded versus 705 during the 2nd quarter of 2014.


The total dollar volume of real estate sales in Medfield during the 2nd quarter of 2015 was $52,877,585, a 4% decrease over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $705,034, a 26% decrease from the same time period in 2014.


The number of mortgages recorded against Medfield properties during the 2nd quarter of 2015 was 231, a 58% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $82,861,792 for the quarter compared to $53,894,793 for the 2nd quarter 2014.


No foreclosure deeds were filed against Medfield property during the 2nd quarter 2015.


Finally, homestead activity increased in Medfield during the 2nd quarter 2015 with 85 Homesteads recorded representing a 23% increase from the 2nd quarter 2014 number of 69.

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.