Norwood, MA 2nd Quarter 2021 Real Estate Activity Report

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

 

There was a 37% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Norwood during the 2nd quarter 2021. 1,865 land documents were recorded versus 1,359 during the 2nd quarter 2020.   

 

The total volume of real estate sales in Norwood during the 2nd quarter 2021 was $269,036,247, a 449% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 188% in Norwood. The average sale price was $1,908,058.  These figures were impacted by a commercial sale that took place during the quarter ($9,375,000). 

 

The number of mortgages recorded (455) on Norwood properties during the 2nd quarter 2021 was up 7% from the previous year. Total mortgage indebtedness was $171,040,518, up 30% from the 2nd quarter 2020.   

 

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

 

Finally, homestead activity in Norwood increased 81% during the 2nd quarter 2021 with 143 homesteads filed, compared to 79 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.