During the 1st quarter of 2019, real estate activity in Wrentham saw an increase in total sales volume but a decrease in average sales price.
There was an 11% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 1st quarter 2019. 579 land documents were recorded versus 521 during the first quarter 2018.
The total volume of real estate sales in Wrentham during the 1st quarter 2019 was $23,696,921, a 3% increase from the same time period in 2018. However, the average sale price of homes and commercial property decreased 22% in Wrentham. The average sales price was $483,610.
The number of mortgages recorded (108) on Wrentham properties during the 1st quarter 2019 was up 5% from the previous year. However, total mortgage indebtedness decreased 48% to $36,890,339.
There was 1 foreclosure deed filed against a Wrentham property during the 1st quarter 2019, the same number filed during the 1st quarter 2018.
Finally, homestead activity increased 20% in Wrentham during the 1st quarter 2019 with 53 homesteads filed compared to 44 recorded during the same time period in 2018.