Millis, MA 3rd Quarter 2018 Real Estate Activity Report

During the 3rd quarter of 2018, real estate activity in Millis saw an increase in total sales volume but no statistical change with average sales price.

 

There was a 5% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 3rd quarter 2018. 502 land documents were recorded versus 527 during the third quarter 2017.   

 

The total volume of real estate sales in Millis during the 3rd quarter 2018 was $22,286,522, a 9% increase from the same time period in 2017. However, the average sale price of homes and commercial property in Millis showed no statistical change. The average sale price was $436,990.    

 

The number of mortgages recorded (82) on Millis properties during the 3rd quarter 2018 was down 25% from the previous year. However, total mortgage indebtedness increased 16% to $33,286,771 during the same period.

 

There were 3 foreclosure deeds filed against Millis properties during the 3rd quarter 2018 compared to 1 foreclosure deed filed during the 3rd quarter 2017. 

 

Finally, homestead activity decreased 26% in Millis during the 3rd quarter 2018 with 42 homesteads filed compared to 57 during the same time period in 2017.

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.