During 2015, real estate activity in Randolph saw increases in both total volume and average sales price.
There was a 14% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph in 2015. 5,779 land documents were recorded versus 5,076 in 2014.
The total volume of real estate sales in Randolph during 2015 was $223,613,778, a 108% increase from 2014. The average sales price of homes and commercial property was up 85% in Randolph. The average sale price was $496,919.
The number of mortgages recorded (1,065) on Randolph properties in 2015 was up 18% from the previous year. However, total mortgage indebtedness decreased by 52% to $397,116,515 during the same period.
There were 28 foreclosure deeds filed against Randolph properties during 2015, representing an 8% increase from the previous year when there were 26 foreclosure deeds recorded.
Finally, homestead activity increased 18% in Randolph during 2015 with 457 homesteads filed compared to 388 in 2014.