Needham, MA 2014 Real Estate Activity Report

During 2014, real estate activity in Needham saw increases in total volume and average sales price.


There was a 30% decrease in documents recorded at the Norfolk County Registry of Deeds for Needham in 2014, resulting in a reduction of 2,709 documents from 9,014 to 6,305.


The total volume of real estate sales in Needham during 2014 was $603,382,375 which showed a 9% increase from 2013. The average sale price of homes and commercial property was up by 16% in Needham. The average sale was $1,125,713.


The number of mortgages recorded (1,427) on Needham properties in 2014 was down by 35% from the previous year. Total mortgage indebtedness also decreased by 30% to $897,452,741 during the same period.


There was 1 foreclosure deed filed in Needham during 2014, representing a 67% decrease from the previous year when there was 3 foreclosure deeds filed.


Finally, homestead activity decreased 3% in Needham during 2014 with 647 homesteads filed compared to 670 in 2013.

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.