During 2014, real estate activity in Millis saw increases in total volume and average sales price.
There was a 20% decrease in documents recorded at the Norfolk County Registry of Deeds for Millis in 2014, resulting in a reduction of 372 documents from 1,870 to 1,498.
The total volume of real estate sales in Millis during 2014 was $45,103,826 which showed a 29% increase from 2013. The average sales price of homes and commercial property was up by 1% in Millis. The average sale was $349,642.
The number of mortgages recorded (310) on Millis properties in 2014 was down by 30% from the previous year. Total mortgage indebtedness also decreased by 28% to $72,201,537 during the same period.
There were 4 foreclosure deeds filed in Millis during 2014, representing a 300% increase from the previous year when there was 1 foreclosure deed filed.
Finally, homestead activity decreased by 10% in Millis during 2014 with 133 homesteads filed compared to 147 in 2013.