During the 2nd quarter of 2019, real estate activity in Walpole saw decreases in both total sales volume and average sales price.
There was a 14% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 2nd quarter 2019. 1,222 land documents were recorded versus 1,425 during the second quarter 2018.
The total volume of real estate sales in Walpole during the 2nd quarter 2019 was $63,353,888, a 32% decrease from the same time period in 2018. Also, there was a 10% decrease in the average sale price of homes and commercial property in Walpole. The average sale price was $570,755.
The number of mortgages recorded (287) on Walpole properties during the 2nd quarter 2019 was down 9% from the previous year. Also, total mortgage indebtedness decreased 36% to $89,787,700.
There were 3 foreclosure deeds filed against Walpole properties during the 2nd quarter 2019 compared to 2 foreclosure deeds filed during the 2nd quarter 2018.
Finally, homestead activity decreased 17% in Walpole during the 2nd quarter 2019 with 137 homesteads filed compared to 165 during the same time period in 2018.