During 2018, real estate activity in Randolph saw increases in both total sales volume and average sales price.
There was a 9% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph in 2018. 5,570 land documents were recorded versus 6,128 in 2017.
The total volume of real estate sales in Randolph during 2018 was $274,375,394, a 34% increase from 2017. The average sales price of homes and commercial property was up 41% in Randolph. The average sale price was $548,750.
The number of mortgages recorded (998) on Randolph properties in 2018 was down 11% from the previous year. Total mortgage indebtedness decreased 7% to $398,890,293 during the same period.
There were 27 foreclosure deeds filed against Randolph properties during 2018, representing a 33% decrease from the previous year when there were 40 foreclosure deeds recorded.
Finally, homestead activity decreased 4% in Randolph during 2018 with 491 homesteads filed compared to 510 in 2017.