Stoughton, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Stoughton saw increases in both total sales volume and average sales price.

 

There was a 13% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Stoughton during the 1st quarter 2017. 1,274 land documents were recorded versus 1,459 during the first quarter 2016.  

 

The total volume of real estate sales in Stoughton during the 1st quarter 2017 was $35,915,281, a 4% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 5% in Stoughton. The average sale price was $394,673. 

 

The number of mortgages recorded (213) on Stoughton properties during the 1st quarter 2017 was down 18% from the previous year. However, total mortgage indebtedness increased by 138% to $165,424,222 during the same period.

 

There were 7 foreclosure deeds filed against Stoughton properties during 1st quarter 2017, the same number of filings during the 1st quarter 2016. 

 

Finally, homestead activity increased 2% in Stoughton during the 1st quarter 2017 with 100 homesteads filed compared to 98 during the same time period in 2016.

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.