During 2016, real estate activity in Millis saw increases in both total sales volume and average sales price.
There was a 2% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis in 2016. 1,919 land documents were recorded versus 1,881 in 2015.
The total volume of real estate sales in Millis during 2016 was $64,641,228, a 5% increase from 2015. The average sales price of homes and commercial property was up 7% in Millis. The average sale price was $391,765.
The number of mortgages recorded (453) on Millis properties in 2016 was up 14% from the previous year. Total mortgage indebtedness increased 7% to $121,155,595 during the same period.
There were 5 foreclosure deeds filed against Millis properties during 2016, representing a 17% decrease from the previous year when there were 6 foreclosure deeds filed.
Finally, homestead activity decreased 2% in Millis during 2016 with 180 homesteads filed compared to 184 in 2015.