Wrentham, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Wrentham saw an increase in total sales volume but no change to average sales price.

 

There was a 24% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter 2016. 879 land documents were recorded versus 709 during the third quarter 2015.  

 

The total volume of real estate sales in Wrentham during the 3rd quarter 2016 was $33,944,834, a 27% increase from the same time period in 2015. The average sale price of homes and commercial property remained flat in Wrentham. The average sale price was $429,681. 

 

The number of mortgages recorded (195) on Wrentham properties during the 3rd quarter 2016 was up 29% from the previous year. Total mortgage indebtedness increased 57% to $61,810,247 during the same period.

 

There was 1 foreclosure deed filed against a Wrentham property during the 3rd quarter 2016 compared to 2 foreclosure deed filings during the 3rd quarter 2015. 

 

Finally, homestead activity increased 57% in Wrentham during the 3rd quarter 2016 with 83 homesteads filed compared to 63during 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.