Needham, MA 1st Quarter 2015 Real Estate Activity Report

Real estate activity in Needham, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.


There was a 35% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Needham during the 1st quarter of 2015. 1,560 land documents were recorded versus 1,156 during the 1st quarter of 2014.


The total dollar volume of real estate sales in Needham during the 1st quarter of 2015 was $103,500,579, a 66% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $1,045,460, a 29% increase over 1st quarter 2014.


The number of mortgages recorded on Needham properties during the 1st quarter of 2015 was 399, a 71% increase from the same time period in 2014. Total mortgage indebtedness was $196,616,928 for the quarter compared to $112,773,409 for the 1st quarter 2014.


There was 1 foreclosure deed recorded against Needham properties during the 1st quarter of 2015, the same number recorded during the 2014 1st quarter.


Finally, Homestead activity increased in Needham during the 1st quarter of 2015. 135 Homesteads were recorded in the quarter representing an 15% increase from the 1st quarter 2014 number of 117.

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.