During 2015, real estate activity in Millis saw increases in both total volume and average sales price.
There was a 26% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis in 2015. 1,881 land documents were recorded versus 1,498 in 2014.
The total volume of real estate sales in Millis during 2015 was $61,498,065, a 36% increase from 2014. The average sales price of homes and commercial property was up 5% in Millis. The average sale price was $366,059.
The number of mortgages recorded (397) on Millis properties in 2015 was up 28% from the previous year. Total mortgage indebtedness increased by 56% to $112,818,211 during the same period.
There were 6 foreclosure deeds filed against Millis properties during 2015, representing a 50% increase from the previous year when there were 2 foreclosure deeds filed.
Finally, homestead activity increased 38% in Millis during 2015 with 184 homesteads filed compared to 133 in 2014.