During 2018, real estate activity in Millis saw increases in both total sales volume and average sales price.
There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis in 2018. 1,735 land documents were recorded versus 1,957 in 2017.
The total volume of real estate sales in Millis during 2018 was $93,542,547, an 8% increase from 2017. The average sales price of homes and commercial property was up 26% in Millis. The average sale price was $581,009.
The number of mortgages recorded (326) on Millis properties in 2018 was down 14% from the previous year. Total mortgage indebtedness decreased 12% to $95,131,610 during the same period.
There were 7 foreclosure deeds filed against Millis properties during 2018, representing a 17% increase from the previous year when there were 6 foreclosure deeds filed.
Finally, homestead activity decreased 17% in Millis during 2018 with 166 homesteads filed compared to 200 in 2017.