Weymouth, MA 2017 Real Estate Activity Report

During 2017, real estate activity in Weymouth saw decreases in both total sales volume and average sales price.  

 

There was a 3% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Weymouth in 2017.  12,210 land documents were recorded versus 12,526 in 2016. 

 

The total volume of real estate sales in Weymouth during 2017 was $483,751,210, a 9% decrease from 2016. The average sales price of homes and commercial property was down 12% in Weymouth. The average sale price was $433,080.      

 

The number of mortgages recorded (2,453) on Weymouth properties in 2017 was down 10% from the previous year. However, total mortgage indebtedness increased 153% to $4,111,892,178 during the same period.

 

There were 30 foreclosure deeds filed against Weymouth properties during 2017, representing a 21% decrease from the previous year when there were 38 foreclosure deeds recordings. 

 

Finally, homestead activity increased 1% in Weymouth during 2017 with 1,143 homesteads filed compared to 1,134 in 2016.

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.