During the 1st quarter of 2019, real estate activity in Randolph saw a decrease in total sales volume but no statistical change in average sales price.
There was a 7% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph during the 1st quarter 2019. 1,163 land documents were recorded versus 1,246 during the first quarter 2018.
The total volume of real estate sales in Randolph during the 1st quarter 2019 was $33,586,553, a 1% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property showed no statistical gain in Randolph. The average sale price was $4369,083.
The number of mortgages recorded (197) on Randolph properties during the 1st quarter 2019 was down 2% from the previous year. Also, total mortgage indebtedness decreased 6% to $50,118,901.
There were 6 foreclosure deeds filed against Randolph properties during the 1st quarter 2019 compared to 13 foreclosure deeds filed during the 1st quarter 2018.
Finally, homestead activity decreased 2% in Randolph during the 1st quarter 2019 with 95 homesteads filed compared to 97 during the same time period in 2018.