During 2017, 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 2017. 1,957 land documents were recorded versus 1,918 in 2016.
The total volume of real estate sales in Millis during 2017 was $87,010,260, a 35% increase from 2016. The average sales price of homes and commercial property was up 18% in Millis. The average sale price was $460,371.
The number of mortgages recorded (378) on Millis properties in 2017 was down 17% from the previous year. Total mortgage indebtedness decreased 11% to $107,990,042 during the same period.
There were 6 foreclosure deeds filed against Millis properties during 2017, representing a 20% decrease from the previous year when there were 5 foreclosure deeds filed.
Finally, homestead activity increased 11% in Millis during 2017 with 200 homesteads filed compared to 180 in 2016.