During 2017, real estate activity in Randolph saw decreases in both total sales volume and average sales price.
There was no percentage increase or decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph in 2017. 6,126 land documents were recorded versus 6,122 in 2016.
The total volume of real estate sales in Randolph during 2017 was $205,342,173, a 22% decrease from 2016. The average sales price of homes and commercial property was down 25% in Randolph. The average sale price was $388,905.
The number of mortgages recorded (1,117) on Randolph properties in 2017 was down 3% from the previous year. Total mortgage indebtedness decreased 4% to $426,797,979 during the same period.
There were 40 foreclosure deeds filed against Randolph properties during 2017, representing a 29% increase from the previous year when there were 31 foreclosure deeds recorded.
Finally, homestead activity increased 15% in Randolph during 2017 with 510 homesteads filed compared to 442 in 2016.