Millis, MA 1st Quarter 2016 Real Estate Activity Report

During the 1st quarter of 2016, real estate activity in Millis saw dramatic increases in both total sales volume and average sales price.

 

There was a 37% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 1st quarter 2016. 426 land documents were recorded versus 311 during the first quarter 2015.  

 

The total volume of real estate sales in Millis during the 1st quarter 2016 was $13,043,771, a 96% increase from the same time period in 2015. Also, the average sale price of homes and commercial property increased 26% in Millis. The average sale price was $420,766. 

 

The number of mortgages recorded (86) on Millis properties during the 1st quarter 2016 was up 12% from the previous year. Total mortgage indebtedness also increased by 9% to $22,128,455 during the same period.

 

There were 2 foreclosure deeds filed against Millis properties during 1st quarter 2016 compared to 1 foreclosure deed filed during the 1st quarter 2015. 

 

Finally, homestead activity increased 18% in Millis during the 1st quarter 2016 with 33 homesteads filed compared to 28 during the same time period 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.