Westwood, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Westwood saw decreases in both total volume and average sales price.  

 

There was a 13% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Westwood in 2015.  3,431 land documents were recorded versus 3,046 in 2014. 

 

The total volume of real estate sales in Westwood during 2015 was $266,924,267, a 5% decrease from 2014. The average sales price of homes and commercial property was down 7% in Westwood. The average sale price was $1,116,837.     

 

The number of mortgages recorded (856) on Westwood properties in 2015 was up 23% from the previous year. Total mortgage indebtedness increased by 15% to $657,556,385 during the same period.

 

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

 

Finally, homestead activity increased 6% in Westwood during 2015 with 298 homesteads filed compared to 282 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.