Click this link to view video: Review Registry IT Technology Rebuttal to County Commissioners-December 8, 2021
Proposal to Eliminate Registry IT Technology Department- A Disaster
During the 3rd quarter of 2021, real estate activity in Franklin saw increases in total sales volume and average sales price.
There was a 1% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Franklin during the 3rd quarter 2021. 2,336 land documents were recorded versus 2,323 during the 3rd quarter 2020.
The total volume of real estate sales in Franklin during the 3rd quarter 2021 was $183,884,703, a 124% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 104% in Franklin. The average sale price was $1,027,288.
The number of mortgages recorded (602) on Franklin properties during the 3rd quarter 2021 was down 11% from the previous year. However, total mortgage indebtedness was $427,413,175, up 45% from the 3rd quarter 2020.
There were 4 foreclosure deeds filed against Franklin properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Franklin increased 9% during the 3rd quarter 2021 with 190 homesteads filed, compared to 175 filed during the same time period in 2020.