During 2014, real estate activity in Foxborough saw increases in total volume and average sales price.
There was a 23% decrease in documents recorded at the Norfolk County Registry of Deeds for Foxborough in 2014, resulting in a reduction of 930 documents from 3,976 to 3,046.
The total volume of real estate sales in Foxborough during 2014 was $125,161,827 which showed a 24% increase from 2013. The average sales price of homes and commercial property was up by 11% in Foxborough. The average sale was $500,647.
The number of mortgages recorded (649) on Foxborough properties in 2014 was down by 28% from the previous year. Total mortgage indebtedness decreased by 42% to $156,009,072.
There were 5 foreclosure deeds filed in Foxborough during 2014, representing a 17% decrease from the previous year when there was 6 foreclosure deeds filed.
Finally, homestead activity decreased by 6% in Foxborough during 2014 with 288 homesteads filed compared to 308 in 2013.