Stoughton, MA 3rd Quarter 2017 Real Estate Activity Report

During the 3rd quarter of 2017, real estate activity in Stoughton saw increases in both total sales volume and average sales price.

 

There was a 10% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Stoughton during the 3rd quarter 2017. 1,577 land documents were recorded versus 1,748 during the third quarter 2016.  

 

The total volume of real estate sales in Stoughton during the 3rd quarter 2017 was $62,990,123, a 16% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 24% in Stoughton. The average sale price was $425,608. 

 

The number of mortgages recorded (301) on Stoughton properties during the 3rd quarter 2017 was down 21% from the previous year. Total mortgage indebtedness also decreased 21% to $90,613,293 during the same period.

 

There were 5 foreclosure deeds filed against Stoughton properties during 3rd quarter 2017 compared to 8 filings during the 3rd quarter 2016. 

 

Finally, homestead activity decreased 16% in Stoughton during the 3rd quarter 2017 with 150 homesteads filed compared to 179 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.