During 2018, real estate activity in Stoughton 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 Stoughton in 2018. 5,406 land documents were recorded versus 5,929 in 2017.
The total volume of real estate sales in Stoughton during 2018 was $282,284,635, a 25% increase from 2017. The average sales price of homes and commercial property was up 29% in Stoughton. The average sale price was $565,700.
The number of mortgages recorded (1,050) on Stoughton properties in 2018 was down 7% from the previous year. However, total mortgage indebtedness increased by 43% to $775,821,731 during the same period.
There were 23 foreclosure deeds filed against Stoughton properties during 2018, the same number recorded in 2017.
Finally, homestead activity decreased 7% in Stoughton during 2018 with 502 homesteads filed compared to 540 in 2017.