During 2017, real estate activity in Wrentham saw increases in both total sales volume and average sales price.
There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham in 2017. 2,872 land documents were recorded versus 3,215 in 2016.
The total volume of real estate sales in Wrentham during 2017 was $113,916,051, a 3% increase from 2016. The average sales price of homes and commercial property was up 17% in Wrentham. The average sale price was $450,261.
The number of mortgages recorded (582) on Wrentham properties in 2017 was down 17% from the previous year. Total mortgage indebtedness decreased 12% to $173,088,861 during the same period.
There were 8 foreclosure deeds filed against Wrentham properties during 2017, representing a 20% decrease from the previous year when there were 10 foreclosure deeds recorded.
Finally, homestead activity decreased 13% in Wrentham during 2017 with 244 homesteads filed compared to 281 in 2016.