Medfield, MA 3rd Quarter 2015 Real Estate Activity Report

   Medfield, MA Real Estate Activity Report


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July 1, 2015 – Septemberr 30, 2015


 


Real Estate activity in Medfield during the 3rd quarter of 2015 saw an increase in total real estate sales volume but a decrease in borrowing.


 


There was a 20% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Medfield during the 3rd quarter of 2015. 884 land documents were recorded versus 735 during the 3rd quarter of 2014.


 


The total dollar volume of real estate sales in Medfield during the 3rd quarter of 2015 was $52,689,132, an 18% increase over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $658,614, a 1% increase from the same time period in 2014.


 


The number of mortgages recorded against Medfield properties during the 3rd quarter of 2015 was 190, a 20% increase from the 3rd quarter 2014 number. Total mortgage indebtedness was $67,612,268 for the quarter compared to $344,746,451 for the 3rd quarter 2014.


 


There were 0 foreclosure deeds filed against Medfield properties during the 3rd quarter 2015. 


 


Finally, homestead activity increased in Medfield during the 3rd quarter 2015 with 80 Homesteads recorded representing an 11% increase from the 3rd quarter 2014 total of 72.

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.