Weymouth, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Weymouth saw increases in both total sales volume and average sales price.  

 

There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Weymouth in 2016.  12,531 land documents were recorded versus 11,363 in 2015. 

 

The total volume of real estate sales in Weymouth during 2016 was $531,816,308, a 35% increase from 2015. The average sales price of homes and commercial property was up 20% in Weymouth. The average sale price was $493,336.      

 

The number of mortgages recorded (2,717) on Weymouth properties in 2016 was up 15% from the previous year. Total mortgage indebtedness increased 80% to $1,623,487,499 during the same period.

 

There were 38 foreclosure deeds filed against Weymouth properties during 2016, representing a 27% decrease from the previous year when there were 52 foreclosure deeds recordings. 

 

Finally, homestead activity increased 17% in Weymouth during 2016 with 1,132 homesteads filed compared to 969 in 2015.

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.