Milton, MA 2nd Quarter 2019 Real Estate Activity Report

During the 2nd quarter of 2019, real estate activity in Milton saw increases in both total sales volume and average sales price.

 

There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 2nd quarter 2019. 1,315 land documents were recorded versus 1,242 during the second quarter 2018.  

 

The total volume of real estate sales in Milton during the 2nd quarter 2019 was $83,961,003, a 5% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 3% in Milton. The average sale price was $792,084. 

 

The number of mortgages recorded (310) on Milton properties during the 2nd quarter 2019 was statistically unchanged from the previous year. Total mortgage indebtedness increased 9% to $125,590,663 during the same time period.

 

There were 2 foreclosure deeds filed against Milton properties during the 2nd quarter 2019, compared to 0 foreclosure deeds recorded during the 2nd quarter 2018. 

 

Finally, homestead activity increased 1% in Milton during the 2nd quarter 2019 with 130 homesteads filed compared to 129 during the same time period in 2018.

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.