Weymouth, MA 3rd Quarter 2019 Real Estate Activity Report

During the 3rd quarter of 2019, real estate activity in Weymouth saw decreases in both total sales volume and average sales price.

 

There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Weymouth during the 3rd quarter 2019. 3,176 land documents were recorded versus 3,061 during the third quarter 2018.  

 

The total volume of real estate sales in Weymouth during the 3rd quarter 2019 was $119,041,906, a 15% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property decreased 7% in Weymouth. The average sales price was $382,771.   

 

The number of mortgages recorded (762) on Weymouth properties during the 3rd quarter 2019 was up 36% from the previous year. Also, total mortgage indebtedness increased 43% to $222,514,962 during the same time period.   

 

There were 6 foreclosure deeds filed against Weymouth properties during the 3rd quarter 2019, compared to 11 filed during the 3rd quarter 2018.  

 

Finally, homestead activity decreased 2% in Weymouth during the 3rd quarter 2019 with 313 homesteads filed compared to 320 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.