During the 1st quarter of 2019, real estate activity in Walpole saw an increase in total sales volume and no statistical change in average sales price.
There was a 3% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 1st quarter 2019. 1,022 land documents were recorded versus 994 during the first quarter 2018.
The total volume of real estate sales in Walpole during the 1st quarter 2019 was $43,142,045, a 20% increase from the same time period in 2018. However, there was no statistical change with the average sale price of homes and commercial in Walpole. The average sale price was $583,000.
The number of mortgages recorded (193) on Walpole properties during the 1st quarter 2019 was down 3% from the previous year. However, total mortgage indebtedness increased 32% to $81,207,722.
There were 0 foreclosure deeds filed against Walpole properties during the 1st quarter 2019 compared to 3 foreclosure deeds filed during the 1st quarter 2018.
Finally, homestead activity increased 16% in Walpole during the 1st quarter 2019 with 104 homesteads filed compared to 90 during the same time period in 2018.