Walpole, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Walpole saw a small decrease in total sales volume but an increase in average sales price.

 

There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 3rd quarter 2016. 1,650 land documents were recorded versus 1,579 during the third quarter 2015.  

 

The total volume of real estate sales in Walpole during the 3rd quarter 2016 was $72,885,376, a 1% decrease from the same time period in 2015. The average sale price of homes and commercial property increased 17% in Walpole. The average sale price was $548,010.  

 

The number of mortgages recorded (415) on Walpole properties during the 3rd quarter 2016 was up 33% from the previous year. Total mortgage indebtedness increased by 185% to $268,202,028 during the same period.

 

There were 0 foreclosure deeds filed against Walpole properties during 3rd quarter 2016 compared to 1 foreclosure deed filing during the 3rd quarter 2015. 

 

Finally, homestead activity decreased 2% in Walpole during the 3rd quarter 2016 with 156 homesteads filed compared to 159 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.