Real estate activity in Millis, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was an 11% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 1st quarter of 2015. 311 land documents were recorded versus 280 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Millis during the 1st quarter of 2015 was $6,666,918, a 9% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $333,345, also a 9% increase over 1st quarter 2014.
The number of mortgages recorded on Millis properties during the 1st quarter of 2015 was 77, a 33% increase from the same time period in 2014. Total mortgage indebtedness was $20,301,241 for the quarter compared to $12,581,747 for the 1st quarter 2014.
There was 1 foreclosure deed recorded against Millis properties during the 1st quarter of 2015 compared to 4 recordings during the same time period in 2014.
Finally, Homestead activity increased in Millis during the 1st quarter of 2015. 28 Homesteads were recorded in the quarter representing an 17% increase from the 1st quarter 2014 number of 24.