During 2014, real estate activity in Walpole saw increases in total volume and average sales price.
There was a 30% decrease in documents recorded at the Norfolk County Registry of Deeds for Walpole in 2014, resulting in a reduction of 1,987 documents from 6,729 to 4,742.
The total volume of real estate sales in Walpole during 2014 was $211,829,299 which showed an 8% increase from 2013. The average sale price of homes and commercial property was up 11% in Walpole. The average sale was $506,768.
The number of mortgages recorded (1,051) on Walpole properties in 2014 was down by 35% from the previous year. Total mortgage indebtedness also decreased by 36% to $388,487,972.
There were 5 foreclosure deeds filed in Walpole during 2014, representing a 25% increase from the previous year when there was 4 foreclosure deeds filed.
Finally, homestead activity decreased 15% in Walpole during 2014 with 477 homesteads filed compared to 564 in 2013.