Milton, MA 3rd Quarter 2015 Real Estate Activity Report

Milton, MA Real Estate Activity Report


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July 1, 2015 – September 30, 2015


 


Real Estate activity in Milton during the 3rd quarter of 2015 saw increases in total real estate sales volume and borrowing.


 


There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 3rd quarter of 2015. 1,535 land documents were recorded versus 1,430 during the 3rd quarter of 2014.


 


The total dollar volume of real estate sales in Milton during the 3rd quarter of 2015 was $81,337,166, a 23% increase over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $635,446, a 7% increase from the same time period in 2014.


 


The number of mortgages recorded against Milton properties during the 3rd quarter of 2015 was 361, a 4% increase from the 3rd quarter 2014 number. Total mortgage indebtedness was $129,117,587 for the quarter compared to $120,364,040 for the 3rd quarter 2014.


 


There were 2 foreclosure deeds filed against Milton properties during the 3rd quarter 2015 compared to 0 filings during the same time period in 2014. 


 


Finally, homestead activity increased slightly in Milton during the 3rd quarter 2015 with 146 Homesteads recorded representing a 1% increase from the 3rd quarter 2014 total of 144.

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.