Norfolk, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Norfolk saw decreases in both total volume and average sales price.

 

There was a 15% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Norfolk in 2015. 2,517 land documents were recorded versus 2,198 in 2014. 

 

The total volume of real estate sales in Norfolk during 2015 was $102,104,903, a 4% decrease from 2014. The average sales price of homes and commercial property was also down 5% in Norfolk. The average sale price was $493,260.

 

The number of mortgages recorded (603) on Norfolk properties in 2015 was up 31% from the previous year. However, total mortgage indebtedness decreased by 94% to $257,901,788 during the same period.

 

There were 3 foreclosure deed filed against Norfolk properties during 2015, representing a 40% decrease from the previous year when there were 5 foreclosure deeds recorded. 

 

Finally, homestead activity stayed flat in Norfolk during 2015 with 241 homesteads filed compared to 240 in 2014.

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.