During 2019, real estate activity in Stoughton saw increases in both total sales volume and average sales price.
There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Stoughton during 2019. 5,770 land documents were recorded versus 5,405 during 2018.
The total volume of real estate sales in Stoughton during 2019 was $355,806,182, a 26% increase from 2018. Also, the average sale price of homes and commercial property increased 30% in Stoughton. The average sale price was $733,620.
The number of mortgages recorded (1,190) on Stoughton properties during 2019 was up 13% from the previous year. However, total mortgage indebtedness decreased 39% to $476,549,323.
There were 12 foreclosure deeds filed against Stoughton properties during 2019 compared to 23 foreclosure deeds filed during 2018.
Finally, homestead activity increased 7% during 2019 with 539 homesteads filed, compared to 502 during 2018.