During the 1^st quarter of 2018, real estate activity in Franklin saw large increases in both total sales volume and average sales price.
 
There was a 15% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Franklin during the 1^st quarter 2018. 1,298 land documents were recorded versus 1,528 during the first quarter 2017.  
 
The total volume of real estate sales in Franklin during the 1^st quarter 2018 was $146,580,883, a 271% increase from the same time period in 2017. The average sale price of homes and commercial property also increased 301% in Franklin. The average sale price was $1,465,808. These numbers were impacted by 4 separate commercial property transactions, each over $10 million dollars, that were recorded during the first quarter 2018.  
 
The number of mortgages recorded (230) on Franklin properties during the 1st quarter 2018 was down 19% from the previous year. However, total mortgage indebtedness increased 160% to $200,297,264 during the same period. This number was significantly impacted by a $101.5 million mortgage taken out in January 2018 against a Franklin commercial property.  
 
There were 3 foreclosure deeds filed against Franklin properties during the 1^st quarter 2018 compared to 2 foreclosure deed filings during the 1^st quarter 2017. 
 
Finally, homestead activity decreased 6% in Franklin during the 1^st quarter 2018 with 127 homesteads filed compared to 135 during the same time period in 2017.