Walpole, MA 1st Quarter 2017 Real Estate Activity Report

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

 

There was a 9% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 1st quarter 2017. 1,257 land documents were recorded versus 1,153 during the first quarter 2016.  

 

The total volume of real estate sales in Walpole during the 1st quarter 2017 was $46,253,639, a 39% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 21% in Walpole. The average sale price was $571,032.  

 

The number of mortgages recorded (247) on Walpole properties during the 1st quarter 2017 was down 11% from the previous year. However, total mortgage indebtedness increased by 120% to $171,449,440 during the same period.

 

There were 3 foreclosure deeds filed against Walpole properties during 1st quarter 2017 compared to 0 foreclosure deed filings during the 1st quarter 2016. 

 

Finally, homestead activity increased 17% in Walpole during the 1st quarter 2017 with 118 homesteads filed compared to 101 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.