During 2017, real estate activity in Stoughton saw decreases in both total sales volume and average sales price.
There was a 6% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Stoughton in 2017. 5,929 land documents were recorded versus 6,318 in 2016.
The total volume of real estate sales in Stoughton during 2017 was $226,662,274, a 10% decrease from 2016. The average sales price of homes and commercial property was down 11% in Stoughton. The average sale price was $440,120.
The number of mortgages recorded (1,123) on Stoughton properties in 2017 was down 14% from the previous year. However, total mortgage indebtedness increased by 47% to $541,157,473 during the same period.
There were 23 foreclosure deeds filed against Stoughton properties during 2017, representing a 5% increase from the previous year when there were 22 foreclosure deeds recorded.
Finally, homestead activity stayed flat in Stoughton during 2017 with 540 homesteads filed, the same number filed in 2016.