During 2014, real estate activity in Wrentham saw an increase in total volume but a decrease in average sales price.
There was a 20% decrease in documents recorded at the Norfolk County Registry of Deeds for Wrentham in 2014, resulting in a reduction of 614 documents from 3,061 to 2,447.
The total volume of real estate sales in Wrentham during 2014 was $84,548,760 which showed a 3% increase from 2013. The average sale price of homes and commercial property was down 3% in Wrentham. The average sale was $416,496.
The number of mortgages recorded (507) on Wrentham properties in 2014 was down by 27% from the previous year. Total mortgage indebtedness also decreased by approximately 45% to $128,217,858 during the same period.
There were 2 foreclosure deeds filed in Wrentham during 2014, representing a 33% decrease from the previous year when there was 3 foreclosure deeds filed.
Finally, homestead activity decreased 7% in Wrentham during 2014 with 205 homesteads filed compared to 220 in 2013.