Norfolk, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Norfolk saw increases in both total sales volume and average sales price.

 

There was a 5% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Norfolk in 2016. 2,654 land documents were recorded versus 2,517 in 2015. 

 

The total volume of real estate sales in Norfolk during 2016 was $107,753,767, a 6% increase from 2015. The average sales price of homes and commercial property was up 2% in Norfolk. The average sale price was $503,522.

 

The number of mortgages recorded (630) on Norfolk properties in 2016 was up 4% from the previous year. Total mortgage indebtedness increased by 182% to $797,366,096 during the same period.

 

There were 3 foreclosure deeds filed against Norfolk properties during 2016, the same number recorded in 2015.  

 

Finally, homestead activity increased 11% in Norfolk during 2016 with 268 homesteads filed compared to 241 in 2015.

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.