Milton, MA 1st Quarter 2015 Real Estate Activity Report

Real estate activity in Milton, MA during the 1st quarter of 2015 saw decreases in both total real estate sales volume and borrowing.


There was a 10% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 1st quarter of 2015. 1,121 land documents were recorded versus 1,019 during the 1st quarter of 2014.


The total dollar volume of real estate sales in Milton during the 1st quarter of 2015 was $35,577,369, a 9% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $624,164, a 1% increase over 1st quarter 2014.


The number of mortgages recorded on Milton properties during the 1st quarter of 2015 was 304, a 35% increase from the same time period in 2014. Total mortgage indebtedness was $108,640,123 for the quarter compared to $682,303,110 for the 1st quarter 2014.


There was 1 foreclosure deed recorded against Milton properties during the 1st quarter of 2015 compared to 4 recordings during the same time period in 2014.


Finally, Homestead activity decreased in Milton during the 1st quarter of 2015. 75 Homesteads were recorded in the quarter representing an 25% reduction from the 1st quarter 2014 number of 100.

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.