Norwood, MA 1st Quarter 2015 Real Estate Activity Report

Real estate activity in Norwood, MA during the 1st quarter of 2015 saw decreases in both total real estate sales volume and borrowing.


There was a 10% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Norwood during the 1st quarter of 2015. 1,096 land documents were recorded versus 997 during the 1st quarter of 2014.


The total dollar volume of real estate sales in Norwood during the 1st quarter of 2015 was $33,771,846, a 56% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $504,057, a 46% decrease over 1st quarter 2014.


The number of mortgages recorded on Norwood properties during the 1st quarter of 2015 was 278, a 51% increase from the same time period in 2014. Total mortgage indebtedness was $84,034,328 for the quarter compared to $425,957,191 for the 1st quarter 2014.


There were no foreclosure deeds recorded against Norwood properties during the 1st quarter of 2015.


Finally, Homestead activity decreased in Norwood during the 1st quarter of 2015. 92 Homesteads were recorded in the quarter representing an 1% reduction from the 1st quarter 2014 number of 93.

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.