During 2015, real estate activity in Wrentham saw increases in both total volume and average sales price.
There was a 17% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham in 2015. 2,870 land documents were recorded versus 2,447 in 2014.
The total volume of real estate sales in Wrentham during 2015 was $103,180,287, a 22% increase from 2014. The average sales price of homes and commercial property was up 5% in Wrentham. The average sale price was $437,204.
The number of mortgages recorded (615) on Wrentham properties in 2015 was up 21% from the previous year. Total mortgage indebtedness increased by 38% to $176,357,982 during the same period.
There were 5 foreclosure deeds filed against Wrentham properties during 2015, representing a 150% increase from the previous year when there were 2 foreclosure deeds recordings.
Finally, homestead activity increased 13% in Wrentham during 2015 with 615 homesteads filed compared to 507 in 2014.