Monthly Register's Report

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For more information, please contact Lorna Green-Baker at Register Buckley’s office (508) 830-9298

 

JOHN R. BUCKLEY, JR., REGISTER OF DEEDS

PLYMOUTH COUNTY REAL ESTATE ACTIVITY FOR

APRIL 2018

PLYMOUTH COUNTY SEES A MODEST START TO THE SPRING MARKET

            While the number of sales in Plymouth County dropped slightly in April, sales activity for the year is ever so slightly ahead of sales this time last year, reported Register of Deeds John R. Buckley, Jr.

            Plymouth County recorded 733 deeds in April, down from 755 recorded last April.  Overall, Plymouth County has recorded 2,776 deeds through the first four months of the year.  During the same period last year, the Registry recorded 2,771 deeds.  “While our numbers are essentially equal to last year’s sales numbers, the 5% drop in sales this month suggests that the market may be even tighter than last year because of higher prices and a shortage of inventory,” commented Register Buckley.  “We have to wait and see how the spring market unfolds,” added the Register.

            The average sale price, one of several indicators of the market’s health, continues to hold steady and is actually up a fair amount over this period in 2017.  At $408,960 through the first four months of 2018, Plymouth County’s average sale price is up 12% over the mark of $365,778 at this time in 2017.

            Refinance activity continues to lag behind last year’s numbers.  Plymouth County has recorded 5,605 mortgages so far this year, down 8% from the 6,080 mortgages recorded at this time in 2017.  The numbers comparing the most recent monthly mortgage activity also shows a decrease in activity, but a very minor decrease of 1%.  In April this year there were 1,451 mortgages recorded compared to the 1,507 mortgages recorded in April, 2017. 

            Foreclosure activity remains on the decline in comparison to 2017.  With 184 foreclosure deeds recorded to date in 2018, the Registry’s staff has seen 22% fewer deeds resulting from foreclosure sales than they had at this point last year.  The number of notices initiating new foreclosure is up slightly, with 345 notices recorded during the first four months of this year and 330 being recorded during the same period in 2017.  “Year to date the foreclosure data remains positive.  However, last month Plymouth County did see a 29% jump in foreclosure notices.  This April there were 84 notices recorded compared to 65 notices recorded last April.  This bears further monitoring,” said Register Buckley.

            As part of our ongoing effort to share with the public some of America’s earliest records, on Thursday, May 31st, from 10:00 am to 3:00 pm, the Registry will display an original Plymouth Colony record establishing the boundaries between the Plymouth Colony and the Massachusetts Colony.  The commissioners of both colonies agreed that “… all the Marshes at Conahasset that lye of the one side of the Riuer next to Hinghame shall belong to … the Mattachusets plantacon.  And all the Marsh y lyeth on the other side of the Riuer next to Scittuate shall belong to … New Plymouth excepting Threescore acres of Marsh at the mouth of the Riuer on Scittuate side next to the Sea which …shall belong to … Massachusets.”  The record is found in Acts of the Commissioners, Vol. 1, page 1 of the Plymouth Colony Records.  The Plymouth Colony Records, Storage and Reading Room is located on the second floor of the Plymouth County Registry building at 50 Obery Street, Plymouth.  Call Lorna Green-Baker at (508) 830-9290 for further information. 

            If you would like to receive a copy of our monthly report by e-mail, please contact Assistant Register of Deeds Timothy H. White at white@plymouthdeeds.org.

 

REAL ESTATE ACTIVITY THROUGH MARCH 2018

AS COMPARED TO THE SAME PERIOD IN 2017

All figures are based on sales or mortgages between $25,000.00 and $3,000,000.

 

2018 sales volume: 2,776

2017 sales volume: 2,771

(0% increase)

 

2018 total sales value: $1,135,273,453

2017 total sales value: $1,013,571,967

(12% increase)

 

2018 average sales price: $408.960

2017 average sales price: $365,778

 (12% increase)

 

2018 mortgage volume: 5,605

2017 mortgage volume: 6,080

(8% decrease)

 

2018 average mortgage amount: $280,850

2017 average mortgage amount: $274,052

 (2% increase)

 

2018 foreclosure deeds:  184

2017 foreclosure deeds:  235

(22% decrease)

 

2018 foreclosure notices: 345

2017 foreclosure notices: 330

(5% increase)

 

 

Foreclosures and Orders of Notice

 April 2018

Town

Foreclosure Deeds

Orders of Notice

ABINGTON

0

3

BRIDGEWATER

2

2

BROCKTON

10

16

CARVER

0

4

DUXBURY

1

1

EAST BRIDGEWATER

4

3

HALIFAX

0

1

HANOVER

0

2

HANSON

2

2

HINGHAM

0

0

HULL

0

2

KINGSTON

1

1

LAKEVILLE

0

3

MARION

0

1

MARSHFIELD

2

7

MATTAPOISETT

0

2

MIDDLEBORO

5

4

NORWELL

0

1

PEMBROKE

3

2

PLYMOUTH

6

8

PLYMPTON

0

2

ROCHESTER

0

2

ROCKLAND

0

5

SCITUATE

3

0

WAREHAM

0

9

WEST BRIDGEWATER

0

0

WHITMAN

0

2

     
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