During the 3rd quarter of 2017, real estate activity in Wrentham saw a decrease in total sales volume but an increase in average sales price.
There was a 22% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter 2017. 682 land documents were recorded versus 879 during the third quarter 2016.
The total volume of real estate sales in Wrentham during the 3rd quarter 2017 was $31,851,741, a 6% decrease from the same time period in 2016. However, the average sale price of homes and commercial property increased 9% in Wrentham. The average sale price was $468,407.
The number of mortgages recorded (145) on Wrentham properties during the 3rd quarter 2017 was down 26% from the previous year. Total mortgage indebtedness also decreased 40% to $37,276,355 during the same period.
There was 1 foreclosure deed filed against a Wrentham property during the 3rd quarter 2017, the same number filed during the 3rd quarter 2016.
Finally, homestead activity decreased 23% in Wrentham during the 3rd quarter 2017 with 145 homesteads filed compared to 195 during the same time period in 2016.