Millis, MA 3rd Quarter 2019 Real Estate Activity Report

During the 3rd quarter of 2019, real estate activity in Millis saw increases in both total sales volume and average sales price.

 

There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 3rd quarter 2019. 523 land documents were recorded versus 502 during the third quarter 2018.   

 

The total volume of real estate sales in Millis during the 3rd quarter 2019 was $26,839,031, a 20% increase from the same time period in 2018. Also, the average sale price of homes and commercial property in Millis was $454,898, a 4% increase year over year.      

 

The number of mortgages recorded (110) on Millis properties during the 3rd quarter 2019 was up 34% from the previous year. Also, total mortgage indebtedness increased 8% to $36,076,251 during the same period.

 

There were 0 foreclosure deeds filed against Millis properties during the 3rd quarter 2019, compared to 3 foreclosure deeds filed during the 3rd quarter 2018.  

 

Finally, homestead activity increased 21% in Millis during the 3rd quarter 2019 with 51 homesteads filed compared to 42 during the same time period in 2018.

The Norfolk County Registry of Deeds will be closed Monday, September 2nd in celebration of Labor Day.

The Norfolk County Registry of Deeds is closed today, September 2nd in celebration of Labor Day.