Real Estate activity in Walpole during the 3rd quarter of 2015 saw a decreases in both total real estate sales volume and borrowing.
There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 3rd quarter of 2015. 1,580 land documents were recorded versus 1,490 during the 3rd quarter of 2014.
The total dollar volume of real estate sales in Walpole during the 3rd quarter of 2015 was $73,577,791, a 13% decrease over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $468,648, a 10% decrease from the same time period in 2014.
The number of mortgages recorded against Walpole properties during the 3rd quarter of 2015 was 311, a 6% decrease from the 3rd quarter 2014 number. Total mortgage indebtedness was $93,974,951 for the quarter compared to $145,095,297 for the 3rd quarter 2014.
There was 1 foreclosure deed filed against Walpole property during the 3rd quarter 2015 compared to 2 filings during the same time period in 2014.
Finally, homestead activity increased in Walpole during the 3rd quarter 2015 with 159 Homesteads recorded representing a 2% increase from the 3rd quarter 2014 total of 156.