During 2016, real estate activity in Wrentham saw an increase in total sales volume but a decrease in average sales price.
There was a 12% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham in 2016. 3,216 land documents were recorded versus 2,869 in 2015.
The total volume of real estate sales in Wrentham during 2016 was $110,497,422, a 7% increase from 2015. However, the average sales price of homes and commercial property was down 12% in Wrentham. The average sale price was $385,008.
The number of mortgages recorded (698) on Wrentham properties in 2016 was up 13% from the previous year. Total mortgage indebtedness increased 11% to $196,141,149 during the same period.
There were 10 foreclosure deeds filed against Wrentham properties during 2016, representing a 100% increase from the previous year when there were 5 foreclosure deeds recorded.
Finally, homestead activity increased 21% in Wrentham during 2016 with 281 homesteads filed compared to 232 in 2015.