During the 2nd quarter of 2021, real estate activity in Braintree saw increases in total sales volume and average sales price.
There was a 27% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Braintree during the 2nd quarter 2021. 2,433 land documents were recorded versus 1,916 during the 2nd quarter 2020.
The total volume of real estate sales in Braintree during the 2nd quarter 2021 was $140,194089, a 113% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 39% in Braintree. The average sale price was $881,723.83. These figures were impacted by two commercial sales that took place during the quarter.
The number of mortgages recorded (624) on Braintree properties during the 2nd quarter 2021 was up 1% from the previous year. However, total mortgage indebtedness was $228,048,281, down 5% from the 2nd quarter 2020.
There were 0 foreclosure deeds filed against Braintree properties during the 2nd quarter 2021 compared to 0 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Braintree increased 42% during the 2nd quarter 2021 with 172 homesteads filed, compared to 121 filed during the same time period in 2020.