During the 3rd quarter of 2017, real estate activity in Millis saw a decrease in total sales volume but a small increase in average sales price.
There was a 0% change in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 3rd quarter 2017. 527 land documents were recorded, the same number recorded during the third quarter 2016.
The total volume of real estate sales in Millis during the 3rd quarter 2017 was $20,512,229, a 15% decrease from the same time period in 2016. However, the average sale price of homes and commercial property increased 3% in Millis. The average sale price was $436,430.
The number of mortgages recorded (110) on Millis properties during the 3rd quarter 2017 was down 15% from the previous year. Total mortgage indebtedness also decreased 30% to $28,680,221 during the same period.
There was 1 foreclosure deed filed against a Millis property during the 3rd quarter 2017, the same number recorded during the 3rd quarter 2016.
Finally, homestead activity increased 4% in Millis during the 3rd quarter 2017 with 57 homesteads filed compared to 55 during the same time period in 2016.