Westwood, MA 1st Quarter 2015 Real Estate Activity Report

Real estate activity in Westwood, MA during the 1st quarter of 2015 saw decreases in both total real estate sales volume and borrowing.


There was a 2% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Westwood during the 1st quarter of 2015. 703 land documents were recorded versus 692 during the 1st quarter of 2014.


The total dollar volume of real estate sales in Westwood during the 1st quarter of 2015 was $30,290,644, a 51% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $977,117, a 33% decrease over 1st quarter 2014.


The number of mortgages recorded on Westwood properties during the 1st quarter of 2015 was 179, a 33% increase from the same time period in 2014. Total mortgage indebtedness was $99,400,016 for the quarter compared to $227,744,801 for the 1st quarter 2014.


There were no foreclosure deeds recorded against Westwood properties during the 1st quarter of 2015.


Finally, Homestead activity remained flat in Westwood during the 1st quarter of 2015. 55 Homesteads were recorded in the quarter, the same number recorded during the 2014 1st quarter.

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.