During the 3rd quarter of 2019, real estate activity in Wrentham saw a decrease in total sales volume but an increase in average sales price.
There was an 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter 2019. 760 land documents were recorded versus 717 during the third quarter 2018.
The total volume of real estate sales in Wrentham during the 3rd quarter 2019 was $33,902,179, a 7% decrease from the same time period in 2018. However, the average sale price of homes and commercial property increased 18% in Wrentham. The average sales price was $574,613.
The number of mortgages recorded (190) on Wrentham properties during the 3rd quarter 2019 was up 37% from the previous year. Also. total mortgage indebtedness increased 65% to $77,023,731.
There were 0 foreclosure deeds filed against Wrentham properties during the 3rd quarter 2019, compared to 1 foreclosure deed filed during the 3rd quarter 2018.
Finally, homestead activity decreased 16% in Wrentham during the 3rd quarter 2019 with 65 homesteads filed compared to 77 recorded during the same time period in 2018.