During the 2nd quarter of 2017, real estate activity in Wrentham saw increases in both total sales volume and average sales price.
There was a 7% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 2nd quarter 2017. 825 land documents were recorded versus 883 during the second quarter 2016.
The total volume of real estate sales in Wrentham during the 2nd quarter 2017 was $33,941,183, a 9% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 6% in Wrentham. The average sale price was $446,594.
The number of mortgages recorded (173) on Wrentham properties during the 2nd quarter 2017 was down 9% from the previous year. Total mortgage indebtedness also decreased 2% to $47,473,999 during the same period.
There was 1 foreclosure deed filed against a Wrentham property during the 2nd quarter 2017, the same number filed during the 2nd quarter 2016.
Finally, homestead activity remained flat in Wrentham during the 2nd quarter 2017. A total of 73 homesteads were recorded during the quarter compared to 72 filed during the same time period in 2016.