Wellesley, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Wellesley saw an increase in total volume. Average sale price remained flat as there was 0% increase from the previous year. 

 

There was a 19% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wellesley in 2015.  6,531 land documents were recorded versus 5,476 in 2014. 

 

The total volume of real estate sales in Wellesley during 2015 was $746,768,149, a 14% increase from 2014. The average sales price of homes and commercial property stayed flat in Wellesley. The average sale price was $1,355,296 compared to $1,349,639 in 2014.    

 

The number of mortgages recorded (1,478) on Wellesley properties in 2015 was up 22% from the previous year. Total mortgage indebtedness increased by 36% to $1,036,411,432 during the same period.

 

There were 0 foreclosure deeds filed against Wellesley properties during 2015, compared to 1 foreclosure deed filing in 2014. 

 

Finally, homestead activity increased 7% in Wellesley during 2015 with 569 homesteads filed compared to 534 in 2014.

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.