Westwood, MA 2019 Real Estate Activity Report

During 2019, real estate activity in Westwood saw an increase in total sales volume but a decrease in average sales price.

 

There was a 21% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Westwood during 2019. 3,522 land documents were recorded versus 2,906 during 2018.  

 

The total volume of real estate sales in Westwood during 2019 was $283,391,023, a 1% increase from 2018. However, the average sale price of homes and commercial property decreased 28% in Westwood. The average sale price was $893,977.  

 

The number of mortgages recorded (831) on Westwood properties during 2019 was up 31% from the previous year. Also, total mortgage indebtedness increased 25% to $450,004,813 during the same time period.    

 

There were 0 foreclosure deeds filed against Westwood properties during 2019, compared to 1 foreclosure deed filed in 2018.   

 

Finally, homestead activity increased 34% in Westwood during 2019 with 358 homesteads filed compared to 268 during 2018.

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.