During 2015, real estate activity in Foxborough saw increases in both total volume and average sales price.
There was a 14% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Foxborough in 2015. 3,484 land documents were recorded versus 3,046 during 2014.
The total volume of real estate sales in Foxborough during 2015 was $169,222,517, a 35% increase from 2014. The average sales price of homes and commercial property was up 20% in Foxborough. The average sale price was $600,079.
The number of mortgages recorded (765) on Foxborough properties in 2015 was up by 18% from the previous year. Total mortgage indebtedness increased by 230% to $514,635,284.
There were 10 foreclosure deeds filed against Foxborough properties during 2015, representing a 100% increase from the previous year when there was 5 foreclosure deeds filed.
Finally, homestead activity increased by 2% in Foxborough during 2015 with 295 homesteads filed compared to 288 in 2014.