During 2017, real estate activity in Foxborough saw increases in both total sales volume and average sales price.
There was a 7% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Foxborough in 2017. 3,558 land documents were recorded versus 3,820 during 2016.
The total volume of real estate sales in Foxborough during 2017 was $159,220,141, a 17% increase from 2016. Also, the average sales price of homes and commercial property was up 10% in Foxborough. The average sale price was $527,219.
The number of mortgages recorded (743) on Foxborough properties in 2017 was down 16% from the previous year. Total mortgage indebtedness also decreased 65% to $335,381,640.
There were 8 foreclosure deeds filed against Foxborough properties during 2017, representing a 33% increase from the previous year when there were 6 foreclosure deeds filed.
Finally, homestead activity increased 5% in Foxborough during 2017 with 338 homesteads filed compared to 322 in 2016.