Milton, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Milton saw increases in both total volume and average sales price.

 

There was an 11% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton in 2015. 5,499 land documents were recorded versus 4,935 in 2014. 

 

The total volume of real estate sales in Milton during 2015 was $251,213,785, a 14% increase from 2014. The average sales price of homes and commercial property was up 12% in Milton. The average sale price was $662,833.

 

The number of mortgages recorded (1,356) on Milton properties in 2015 was up 14% from the previous year. However, total mortgage indebtedness decreased by 51% to $493,937,295 during the same period.

 

There were 4 foreclosure deeds filed against Milton properties during 2015, representing a 43% decrease from the previous year when there were 7 foreclosure deeds filed.

 

Finally, homestead activity decreased 5% in Milton during 2015 with 458 homesteads filed compared to 480 in 2014.

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.