During 2015, real estate activity in Walpole saw small increases in both total volume and average sales price.
There was a 16% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole in 2015. 5,504 land documents were recorded versus 4,742 in 2014.
The total volume of real estate sales in Walpole during 2015 was $218,615,890, a 3% increase from 2014. The average sales price of homes and commercial property was up 1% in Walpole. The average sale price was $511,981.
The number of mortgages recorded (1,248) on Walpole properties in 2015 was up 19% from the previous year. Total mortgage indebtedness increased by 140% to $932,434,113 during the same period.
There were 7 foreclosure deeds filed against Walpole properties during 2015, representing a 40% increase from the previous year when there were 5 foreclosure deeds recorded.
Finally, homestead activity increased 7% in Walpole during 2015 with 511 homesteads filed compared to 477 in 2014.