Walpole, MA 2nd Quarter 2016 Real Estate Activity Report

During the 2nd quarter of 2016, real estate activity in Walpole saw increases in both total sales volume and average sales price.

 

There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 2nd quarter 2016. 1,400 land documents were recorded versus 1,568 during the second quarter 2015.  

 

The total volume of real estate sales in Walpole during the 2nd quarter 2016 was $84,865,879, a 22% increase from the same time period in 2015. The average sale price of homes and commercial property increased 27% in Walpole. The average sale price was $701,370.  

 

The number of mortgages recorded (348) on Walpole properties during the 2nd quarter 2016 was down 5% from the previous year. Total mortgage indebtedness increased by 49% to $177,024,690 during the same period.

 

There were 2 foreclosure deeds filed against Walpole properties during 2nd quarter 2016 compared to 0 foreclosure deed filings during the 2nd quarter 2015. 

 

Finally, homestead activity decreased 1% in Walpole during the 2nd quarter 2016 with 139 homesteads filed compared to 140 during the same time period in 2015.

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.