Real estate activity in Foxborough, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 18% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Foxbprough during the 1st quarter of 2015. 678 land documents were recorded versus 575 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Foxborough during the 1st quarter of 2015 was $18,563,234, a 25% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $421,891, a 3% decrease over 1st quarter 2014.
The number of mortgages recorded on Foxborough properties during the 1st quarter of 2015 was 155, a 26% increase from the same time period in 2014. Total mortgage indebtedness was $50,256,117 for the quarter compared to $25,496,734 for the 1st quarter 2014.
There were 2 foreclosure deeds recorded against Foxborough properties during the 1st quarter of 2015 compared to 0 foreclosure deeds recorded during the same time period in 2014.
Finally, Homestead activity increased in Foxborough during the 1st quarter of 2015. 59 Homesteads were recorded in the quarter representing an 23% increase from the 1st quarter 2014 number of 48.