During the 3rd quarter of 2021, real estate activity in Braintree saw increases in total sales volume and average sales price.
There was a 3% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Braintree during the 3rd quarter 2021. 2,382 land documents were recorded versus 2,458 during the 3rd quarter 2020.
The total volume of real estate sales in Braintree during the 3rd quarter 2021 was $117,144,605, a 15% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 4% in Braintree. The average sale price was $616,550.
The number of mortgages recorded (550) on Braintree properties during the 3rd quarter 2021 was down 24% from the previous year. However, total mortgage indebtedness was $219,893,379, up 11% from the 3rd quarter 2020.
There was 1 foreclosure deed filed against Braintree properties during the 3rd quarter 2021 compared to 1 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Braintree increased 4% during the 3rd quarter 2021 with 216 homesteads filed, compared to 208 filed during the same time period in 2020.