Needham, MA 2nd Quarter 2021 Real Estate Activity Report

During the 2nd quarter of 2021, real estate activity in Needham saw increases in total sales volume and average sales price. 

 

There was a 30% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Needham during the 2nd quarter 2021. 2,475 land documents were recorded versus 1,905 during the 2nd quarter 2020.   

 

The total volume of real estate sales in Needham during the 2nd quarter 2021 was $251,797,212, a 110% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 22% in Needham. The average sale price was $1,507,767.  

 

The number of mortgages recorded (682) on Needham properties during the 2nd quarter 2021 was up 4% from the previous year. Total mortgage indebtedness was $454,516,213, up 51% from the 2nd quarter 2020.   

 

There were 0 foreclosure deeds filed against Needham properties during the 2nd quarter 2021 compared to 0 foreclosure deed filed during the 2nd quarter 2020. 

 

Finally, homestead activity in Needham increased 53% during the 2nd quarter 2021 with 182 homesteads filed, compared to 119 filed during the same time period in 2020.

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.