Millis, MA 2nd Quarter 2019 Real Estate Activity Report

During the 2nd quarter of 2019, real estate activity in Millis saw decreases in both total sales volume and average sales price.

 

There was a 3% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 2nd quarter 2019. 460 land documents were recorded versus 472 during the second quarter 2018.   

 

The total volume of real estate sales in Millis during the 2nd quarter 2019 was $18,973,689, a 57% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property in Millis was $431,220, a 57% decrease year over year. These figures were impacted by a $14 million transaction recorded on 5/2/18.     

 

The number of mortgages recorded (105) on Millis properties during the 2nd quarter 2019 was up 2% from the previous year. Also, total mortgage indebtedness increased 28% to $29,931,303 during the same period.

 

There were 0 foreclosure deeds filed against Millis properties during the 2nd quarter 2019, compared to 1 foreclosure deed filed during the 2nd quarter 2018.  

 

Finally, homestead activity decreased 4% in Millis during the 2nd quarter 2019 with 46 homesteads filed compared to 48 during the same time period in 2018.

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.