During the 3rd quarter of 2021, real estate activity in Randolph saw increases in total sales volume and average sales price.
There was a 32% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Randolph during the 3rd quarter 2021. 2,113land documents were recorded versus 1,603 during the 3rd quarter 2020.
The total volume of real estate sales in Randolph during the 3rd quarter 2021 was $201,549,266, a 292% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 193% in Randolph. The average sale price was $1,275,628.
The number of mortgages recorded (481) on Randolph properties during the 3rd quarter 2021 was up 20% from the previous year. Total mortgage indebtedness was $170,188,906, up 45% from the 3rd quarter 2020.
There were 2 foreclosure deeds filed against Randolph properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Randolph increased 6% during the 3rd quarter 2021 with 144 homesteads filed, compared to 136 filed during the same time period in 2020.