During the 2nd quarter of 2016, real estate activity in Wrentham saw decreases in both total sales volume and average sales price.
There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 2nd quarter 2016. 877 land documents were recorded versus 798 during the second quarter 2015.
The total volume of real estate sales in Wrentham during the 2nd quarter 2016 was $30,706,473, a 9% decrease from the same time period in 2015. The average sale price of homes and commercial property decreased 5% in Wrentham. The average sale price was $420,636.
The number of mortgages recorded (189) on Wrentham properties during the 2nd quarter 2016 was up 1% from the previous year. Total mortgage indebtedness decreased by 19% to $48,133,571 during the same period.
There was 1 foreclosure deed filed against a Wrentham property during 2nd quarter 2016 compared to 0 foreclosure deed filings during the 2nd quarter 2015.
Finally, homestead activity stayed flat in Wrentham during the 2nd quarter 2016 with 71 homesteads filed, the same figure recorded during the same time period in 2015.