Westwood, MA 3rd Quarter 2015 Real Estate Activity Report

Real Estate activity in Westwood during the 3rd quarter of 2015 saw increases in both total real estate sales volume and borrowing.


There was a 24% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Westwood during the 3rd quarter of 2015. 914 land documents were recorded versus 739 during the 3rd quarter of 2014.


The total dollar volume of real estate sales in Westwood during the 3rd quarter of 2015 was $70,514,188, a 24% increase over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $915,768, a 7% decrease from the same time period in 2014.


The number of mortgages recorded against Westwood properties during the 3rd quarter of 2015 was 212, a 19% increase from the 3rd quarter 2014 number. Total mortgage indebtedness was $113,906,546 for the quarter compared to $67,437,309 for the 3rd quarter 2014.


There were 0 foreclosure deeds filed against Westwood property during the 3rd quarter 2015.


Finally, homestead activity increased in Westwood during the 3rd quarter 2015 with 83 Homesteads recorded representing a 12% increase from the 3rd quarter 2014 total of 74.

 

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.