During the 2nd quarter of 2021, real estate activity in Quincy saw increases in total sales volume and average sales price.
There was a 44% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Quincy during the 2nd quarter 2021. 4,891 land documents were recorded versus 3,388 during the 2nd quarter 2020.
The total volume of real estate sales in Quincy during the 2nd quarter 2021 was $265,854,676, a 98% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 9% in Quincy. The average sale price was $669,659.
The number of mortgages recorded (1,160) on Quincy properties during the 2nd quarter 2021 was up 24% from the previous year. Total mortgage indebtedness was $1,112,657,176, up 191% from the 2nd quarter 2020.
There were 1 foreclosure deeds filed against Quincy properties during the 2nd quarter 2021 compared to 4 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Quincy increased 79% during the 2nd quarter 2021 with 379 homesteads filed, compared to 212 filed during the same time period in 2020.