Wrentham, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Wrentham saw a decrease in total sales volume but an increase in average sales price.

 

There was a 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 1st quarter 2017. 628 land documents were recorded versus 640 during the first quarter 2016.  

 

The total volume of real estate sales in Wrentham during the 1st quarter 2017 was $17,487,817, a 16% decrease from the same time period in 2016. However, the average sale price of homes and commercial property increased 37% in Wrentham. The average sale price was $364,329. 

 

The number of mortgages recorded (115) on Wrentham properties during the 1st quarter 2017 was down 8% from the previous year. Total mortgage indebtedness also decreased by 17% to $29,732,104 during the same period.

 

There were 3 foreclosure deeds filed against Wrentham properties during 1st quarter 2017, the same number filed during the 1st quarter 2016. 

 

Finally, homestead activity remained flat in Wrentham during the 1st quarter 2017 with 52 homesteads filed, the same number filed during the same time period 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.