During the 1st quarter of 2019, real estate activity in Stoughton saw increases in both total sales volume and average sales price.
There was a 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Stoughton during the 1st quarter 2019. 1,197 land documents were recorded versus 1,207 during the first quarter 2018.
The total volume of real estate sales in Stoughton during the 1st quarter 2019 was $71,283,583 a 39% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 32% in Stoughton. The average sale price was $720,036.
The number of mortgages recorded (202) on Stoughton properties during the 1st quarter 2019 was down 8% from the previous year. Also, total mortgage indebtedness decreased 81% to $86,964,966.
There were 3 foreclosure deeds filed against Stoughton properties during the 1st quarter 2019 compared to 6 foreclosure deeds filed during the 1st quarter 2018.
Finally, homestead activity showed no statistical change during 1st quarter 2019 with 108 homesteads filed, the same number filed during the 1st quarter 2018.