Weymouth, MA 1st Quarter 2018 Real Estate Activity Report

During the 1st quarter of 2018, real estate activity in Weymouth saw increases in both total sales volume and average sales price.

 

There was a 2% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Weymouth during the 1st quarter 2018. 2,578 land documents were recorded versus 2,531 during the first quarter 2017.  

 

The total volume of real estate sales in Weymouth during the 1st quarter 2018 was $101,510,085, a 27% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 22% in Weymouth.   

 

The number of mortgages recorded (438) on Weymouth properties during the 1st quarter 2018 was down 16% from the previous year. However, total mortgage indebtedness increased 2794% to $4,623,402,306. This figure was impacted by a $2 billion mortgage that was recorded against shared property in Weymouth and Quincy during the first quarter.  

 

There were 7 foreclosure deeds filed against Weymouth properties during the 1st quarter 2018 compared to 8 foreclosure deeds filed during the 1st quarter 2017.  

 

Finally, homestead activity increased 1% in Weymouth during the 1st quarter 2018 with 205 homesteads filed compared to 202 during the same time period in 2017.

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.