Real Estate activity in Wrentham, MA during the 2nd quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 34% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 2nd quarter of 2015. 797 land documents were recorded versus 596 during the 2nd quarter of 2014.
The total dollar volume of real estate sales in Wrentham during the 2nd quarter of 2015 was $33,821,187, a 24% increase over 2014 2nd quarter numbers. Despite this strong number, the average sales price of deeds over $1000, both residential and commercial properties, came in at $445,015, a 14% decrease from the same time period in 2014.
The number of mortgages recorded against Wrentham properties during the 2nd quarter of 2015 was 188, a 47% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $59,137,834 for the quarter compared to $32,443,996 for the 2nd quarter 2014.
No foreclosure deeds were filed against Wrentham property during the 2nd quarter 2015.
Finally, homestead activity increased in Wrentham during the 2nd quarter 2015 with 71 Homesteads recorded representing a 29% increase from the 2nd quarter 2014 total of 55.