During the 3rd quarter of 2018, real estate activity in Walpole saw small decreases in both total sales volume and average sales price.
There was a 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Walpole during the 3rd quarter 2018. 1,445 land documents were recorded versus 1,462 during the third quarter 2017.
The total volume of real estate sales in Walpole during the 3rd quarter 2018 was $80,258,030, a 3% decrease from the same time period in 2017. Also, the average sale price of homes and commercial property decreased 3% in Walpole. The average sale price was $565,197.
The number of mortgages recorded (295) on Walpole properties during the 3rd quarter 2018 was up 6% from the previous year. However, total mortgage indebtedness decreased 20% to $95,762,022.
There were 0 foreclosure deeds filed against Walpole properties during the 3rd quarter 2018 compared to 2 foreclosure deeds filed during the 3rd quarter 2017.
Finally, homestead activity increased 14% in Walpole during the 3rd quarter 2018 with 154 homesteads filed compared to 135 during the same time period in 2017.