During the 3rd quarter of 2018, real estate activity in Wrentham saw increases in both total sales volume and average sales price.
There was a 5% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter 2018. 718 land documents were recorded versus 682 during the third quarter 2017.
The total volume of real estate sales in Wrentham during the 3rd quarter 2018 was $36,507,175, a 15% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 4% in Wrentham. The average sales price was $486,762.
The number of mortgages recorded (139) on Wrentham properties during the 3rd quarter 2018 was down 4% from the previous year. However, total mortgage indebtedness increased 25% to $46,646,234.
There was 1 foreclosure deed filed against a Wrentham property during the 3rd quarter 2018, the same number filed during the 3rd quarter 2017.
Finally, homestead activity increased 20% in Wrentham during the 3rd quarter 2018 with 77 homesteads filed compared to 64 recorded during the same time period in 2017.