Milton, MA 2nd Quarter 2015 Real Estate Activity Report

Real Estate activity in Milton, MA during the 2nd quarter of 2015 saw a small decrease in total real estate sales volume but increases in borrowing.


There was a 13% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 2nd quarter of 2015. 1,517 land documents were recorded versus 1,344 during the 2nd quarter of 2014.


The total dollar volume of real estate sales in Milton during the 2nd quarter of 2015 was $71,013,355, a 1% decrease over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $682,820, an 11% increase from the same time period in 2014.


The number of mortgages recorded against Milton properties during the 2nd quarter of 2015 was 391, a 27% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $145,921,419 for the quarter compared to $117,942,443 for the 2nd quarter 2014.


There was 1 foreclosure deed recorded against Milton property during the 2nd quarter 2015.


Finally, homestead activity decreased in Milton during the 2nd quarter 2015 with 125 Homesteads recorded representing a 9% decrease from the 2nd quarter 2014 total of 138.

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.