Real Estate activity in Wrentham during the 3rd quarter of 2015 saw decreases in both total real estate sales volume and borrowing.
There was a 4% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter of 2015. 709 land documents were recorded versus 737 during the 3rd quarter of 2014.
The total dollar volume of real estate sales in Wrentham during the 3rd quarter of 2015 was $26,763,975, a 1% decrease over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $431,677, a 7% increase from the same time period in 2014.
The number of mortgages recorded against Wrentham properties during the 3rd quarter of 2015 was 151, a 9% increase from the 3rd quarter 2014 number. Total mortgage indebtedness was $39,329,457 for the quarter compared to $40,958,129 for the 3rd quarter 2014.
There were 2 foreclosure deeds filed against Wrentham properties during the 3rd quarter 2015. This compares to 1 foreclosure deed filing during the same time period in 2014.
Finally, homestead activity decreased in Wrentham during the 3rd quarter 2015 with 63 Homesteads recorded representing a 5% decrease from the 3rd quarter 2014 total of 66.