Norfolk, MA 1st Quarter 2015 Real Estate Activity Report

Real estate activity in Norfolk, MA during the 1st quarter of 2015 saw a decrease in total real estate sales volume but an increase in borrowing.


There was a 23% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Norfolk during the 1st quarter of 2015. 477 land documents were recorded versus 388 during the 1st quarter of 2014.


The total dollar volume of real estate sales in Norfolk during the 1st quarter of 2015 was $12,549,622, a 20% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $464,800, a 26% decrease over 1st quarter 2014.


The number of mortgages recorded on Norfollk properties during the 1st quarter of 2015 was 119, a 78% increase from the same time period in 2014. Total mortgage indebtedness was $35,975,013 for the quarter compared to $16,771,381 for the 1st quarter 2014.


There was 1 foreclosure deed recorded against Norfolk properties during the 1st quarter of 2015 compared to 3 recordings during the same time period in 2014.


Finally, Homestead activity increased in Norfolk during the 1st quarter of 2015. 41 Homesteads were recorded in the quarter representing a 41% increase from the 1st quarter 2014 number of 29.

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.