Norwood, MA 3rd Quarter 2021 Real Estate Activity Report

During the 3rd quarter of 2021, real estate activity in Norwood saw decreases in total sales volume and average sales price. 

 

There was a 4% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Norwood during the 3rd quarter 2021. 1,623 land documents were recorded versus 1,692 during the 3rd quarter 2020.   

 

The total volume of real estate sales in Norwood during the 3rd quarter 2021 was $81,874,791, a 53% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 62% in Norwood. The average sale price was $580,672.  

 

The number of mortgages recorded (387) on Norwood properties during the 3rd quarter 2021 was down 21% from the previous year. Total mortgage indebtedness was $133,749,673, down 62% from the 3rd quarter 2020.   

 

There were 2 foreclosure deeds filed against Norwood properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020. 

 

Finally, homestead activity in Norwood increased 11% during the 3rd quarter 2021 with 146 homesteads filed, compared to 132 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.