During the 2nd quarter of 2018, 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 2018. 770 land documents were recorded versus 825 during the second quarter 2017.
The total volume of real estate sales in Wrentham during the 2nd quarter 2018 was $37,285,338, a 10% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 8% in Wrentham. The average sales price was $484,225.
The number of mortgages recorded (164) on Wrentham properties during the 2nd quarter 2018 was down 5% from the previous year. However, total mortgage indebtedness increased 14% to $54,258,882.
There were 0 foreclosure deeds filed against Wrentham properties during the 2nd quarter 2018 compared to 1 foreclosure deed filed during the 2nd quarter 2017.
Finally, homestead activity increased 14% in Wrentham during the 2nd quarter 2018 with 83 homesteads filed compared to 73 during the same time period in 2017.