During the 3rd quarter of 2019, real estate activity in Randolph saw decreases in both total sales volume and average sales price.ds
There was an 8% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph during the 3rd quarter 2019. 1,636 land documents were recorded versus 1,514 during the third quarter 2018.
The total volume of real estate sales in Randolph during the 3rd quarter 2019 was $56,747,277, an 18% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property decreased 19% in Randolph. The average sale price was $380,854.
The number of mortgages recorded (337) on Randolph properties during the 3rd quarter 2019 was up 18% from the previous year. Also, total mortgage indebtedness increased 18% to $104,870,003.
There were 4 foreclosure deeds filed against Randolph properties during the 3rd quarter 2019 compared to 6 foreclosure deeds filed during the 3rd quarter 2018.
Finally, homestead activity increased 3% in Randolph during the 3rd quarter 2019 with 141 homesteads filed compared to 137 during the same time period in 2018.