Weymouth, MA 2nd Quarter 2019 Real Estate Activity Report

During the 2nd quarter of 2019, real estate activity in Weymouth saw increases 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 during the 2nd quarter 2019. 2,921 land documents were recorded versus 3,011 during the second quarter 2018.  

 

The total volume of real estate sales in Weymouth during the 2nd quarter 2019 was $147,008,500, a 4% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 23% in Weymouth. The average sales price was $491,667.   

 

The number of mortgages recorded (596) on Weymouth properties during the 2nd quarter 2019 was down 1% from the previous year. However, total mortgage indebtedness increased 104% to $364,874,560 during the same time period.   

 

There were 2 foreclosure deeds filed against Weymouth properties during the 2nd quarter 2019, compared to 8 filed during the 2nd quarter 2018.  

 

Finally, homestead activity decreased 8% in Weymouth during the 2nd quarter 2019 with 308 homesteads filed compared to 336 recorded during the same time period in 2018.

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.