Milton, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Milton saw an increase in total sales volume and no statistical change in average sales price.

 

There was an 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 1st quarter 2017. 1,186 land documents were recorded versus 1,211 during the first quarter 2016.  

 

The total volume of real estate sales in Milton during the 1st quarter 2017 was $56,297,753, a 3% increase from the same time period in 2016. Also, there was no statistical change in the average sale price of homes and commercial property in Milton during the quarter. The average sale price was $686,557. 

 

The number of mortgages recorded (265) on Milton properties during the 1st quarter 2017 was down 16% from the previous year. Total mortgage indebtedness also decreased by 32% to $96,734,323 during the same period.

 

There was 1 foreclosure deed filed against a Milton property during 1st quarter 2017, the same number filed during the 1st quarter 2016. 

 

Finally, homestead activity increased 2% in Milton during the 1st quarter 2017 with 108 homesteads filed compared to 106 during the same time period in 2016.

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.