Wrentham, MA 1st Quarter 2016 Real Estate Activity Report

During the 1st quarter of 2016, real estate activity in Wrentham saw an increase in total sales volume but a decrease in average sales price.

 

There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 1st quarter 2016. 640 land documents were recorded versus 602 during the first quarter 2015.  

 

The total volume of real estate sales in Wrentham during the 1st quarter 2016 was $20,767,349, a 52% increase from the same time period in 2015. However, the average sale price of homes and commercial property decreased 46% in Wrentham. The average sale price was $266,248. 

 

The number of mortgages recorded (125) on Wrentham properties during the 1st quarter 2016 was down 7% from the previous year. Total mortgage indebtedness also decreased by 14% to $35,685,366 during the same period.

 

There were 3 foreclosure deeds filed against Wrentham properties during 1st quarter 2016 compared to 2 foreclosure deed filings during the 1st quarter 2015. 

 

Finally, homestead activity increased 63% in Wrentham during the 1st quarter 2016 with 52 homesteads filed compared to 32 during the same time period 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.