Norfolk County real estate market heats up

 Norfolk County real estate market heats up

Continuing a trend seen over the past several months, Register of Deeds William P. O’Donnell reported a significant increase in deed recordings and mortgage lending in Norfolk County in June.

The register noted that a noticeable uptick in both real estate sales and lending transactions happened in the month.

“Specifically, during the month of June, Norfolk County real estate sales, both residential and commercial, totaled 2,222, a healthy 46% increase year over year from 2020 to 2021,” O’Donnell said. “The Norfolk County real estate market continues to be strong. There were 17,977 documents recorded at the Norfolk County Registry of Deeds in June which is a 14% increase over last year’s June document volume. Average sale price, again including both residential and commercial sales, increased 13% over 2020 to $896,372.58. Low inventory of properties for sale are keeping prices for real estate up. Low interest rates are…

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