Medfield, MA 2nd Quarter 2017 Real Estate Activity Report

During the 2nd quarter of 2017, real estate activity in Medfield saw increases in both total sales volume and average sales price.

 

There was a 4% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Medfield during the 2nd quarter 2017. 709 land documents were recorded versus 742 during the second quarter 2016.  

 

The total volume of real estate sales in Medfield during the 2nd quarter 2017 was $50,541,236, a 30% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 2% in Medfield. The average sale price was $722,017. 

 

The number of mortgages recorded (173) on Medfield properties during the 2nd quarter 2017 was down 8% from the previous year. Total mortgage indebtedness also decreased 10% to $65,064,807 during the same period.

 

There were 0 foreclosure deeds filed against Medfield properties during  the 2nd quarter 2017 compared to 1 filings during the 2nd quarter 2016. 

 

Finally, homestead activity decreased 1% in Medfield during the 2nd quarter 2017 with 74 homesteads filed compared to 75 during the same time period in 2016.

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.