Millis, MA 2nd Quarter 2017 Real Estate Activity Report

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

 

There was a 1% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 2nd quarter 2017. 479 land documents were recorded versus 476 during the second quarter 2016.  

 

The total volume of real estate sales in Millis during the 2nd quarter 2017 was $21,680,927, a 42% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 18% in Millis. The average sale price was $409,074.  

 

The number of mortgages recorded (95) on Millis properties during the 2nd quarter 2017 was down 21% from the previous year. Total mortgage indebtedness also decreased 16% to $24,806,246 during the same period.

 

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

 

Finally, homestead activity increased 8% in Millis during the 2nd quarter 2017 with 55 homesteads filed compared to 51 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.