Milton, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Milton saw increases in both total sales volume and average sales price.

 

There was an 8% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton in 2016. 5,958 land documents were recorded versus 5,499 in 2015. 

 

The total volume of real estate sales in Milton during 2016 was $289,010,087, a 15% increase from 2015. The average sales price of homes and commercial property was up 5% in Milton. The average sale price was $698,092.

 

The number of mortgages recorded (1,563) on Milton properties in 2016 was up 15% from the previous year. Total mortgage indebtedness increased by 22% to $602,669,385 during the same period.

 

There were 6 foreclosure deeds filed against Milton properties during 2016, representing a 50% increase from the previous year when there were 4 foreclosure deeds filed.

 

Finally, homestead activity increased 9% in Milton during 2016 with 499 homesteads filed compared to 458 in 2015.

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.