Weymouth, MA 2018 Real Estate Activity Report

During 2018, real estate activity in Weymouth saw and increase in total sales volume but a decrease in average sales price.  

 

There was a 6% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Weymouth in 2018.  11,500 land documents were recorded versus 12,212 in 2017. 

 

The total volume of real estate sales in Weymouth during 2018 was $505,688,141, a 5% increase from 2017. However, the average sales price of homes and commercial property was down 2% in Weymouth. The average sale price was $422,816.      

 

The number of mortgages recorded (2,121) on Weymouth properties in 2018 was down 14% from the previous year. However, total mortgage indebtedness increased 25% to $5,137,531,282 during the same period.

 

There were 31 foreclosure deeds filed against Weymouth properties during 2018, representing a 3% increase from the previous year when there were 30 foreclosure deed recordings. 

 

Finally, homestead activity increased 2% in Weymouth during 2018 with 1,162 homesteads filed compared to 1,143 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.