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

NOVEMBER 2017

THE MARKET REMAINS POSITIVE AS WE CLOSE IN ON THE END OF 2017

            The Plymouth County real estate sales market results have been positive throughout the past year showing continued growth.  Through the first eleven months of the year, sales volume and housing prices are up over 2016, but mortgages and foreclosure activity are down from last year. 

            The Registry of Deeds recorded 948 deeds this month, almost matching the 985 deeds recorded in October.  This is a good sign given that we are entering into the holiday season when the real estate market typically quiets.  The 2017 numbers through November show a 3% increase over the number of recordings through November, 2016.  This year the Registry has recorded 10,178 deeds through November, compared to 9,850 deeds through this time last year. Plymouth County Register of Deeds John R. Buckley, Jr. said, “Plymouth County has seen consistently solid sales numbers for the past couple of years.”  The average sale price in Plymouth County was $389,767, representing a 5% increase over the 2016 average sales price of $370,311.

            Mortgage activity has declined by 11% during the first eleven months of 2017 compared to last year.  Much of the decline is attributable to a drop in refinances.  The Registry recorded 19,527 mortgages through November, 2017, comparable to the 2015 mortgage activity, but less than last year’s mortgage activity.  In 2016 at this time the Registry had recorded 21,832 mortgages, and in 2015 at this time the Registry had recorded 19,411 mortgages.  The average mortgage amount stayed close to the 2016 average.  In 2017, the average mortgage amount was $280,498 compared to a $277,344 average mortgage amount in 2016, just 1% higher.

            The foreclosure activity in Plymouth County has also declined during the first eleven months of 2017. The year to date numbers are well behind last year’s numbers.  In the first eleven months of 2016, there were 675 foreclosures.  Thus far this year there have been 604 foreclosures, representing an 11% decrease. 

            Through November, 2017, the Registry recorded 927 foreclosure notices, compared to the 1,269 foreclosure notices recorded last year through the same time. This represents a 27% drop in the total number of foreclosure notices and is most certainly good news for the county.  However, there were 181 foreclosure notices recorded in November.  This represents the highest number of foreclosure notices recorded in a single month in over two years.  This bears monitoring as we enter 2018.

            As part of our ongoing effort to share with the public some of America’s most significant documents, on Friday, December 29th,  from 9:00 am to 3:00 pm, the Registry will display the original Plymouth Colony record of how real estate transactions occurred in the earliest days of our country.  In January, 1632, the colonial court ordered the granting of lands to the freemen of the colony “… & their heires forever …” coupled with a condition for them to “… plant their corne, … as neere as might be to the towne of Plymouth …” and to enclose the fields.  Court Orders, Vol. 1, p. 3.  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 NOVEMBER 2017

COMPARED TO THE SAME PERIOD IN 2016

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

 

2017 sales volume: 10,178

2016 sales volume: 9,850

 (3% increase)

 

2017 total sales value: $3,967,043,961

2016 total sales value: $3,647,561,435

(9% increase)

 

2017 average sales price: $389,767

2016 average sales price: $370,311

(5% increase)

 

2017 mortgage volume: 19,527

2016 mortgage volume: 21,832         

(11% decrease)

 

2017 average mortgage amount: $280,498

2016 average mortgage amount: $277,344

(1% increase)

 

2017 foreclosure deeds:  604

2016 foreclosure deeds:  675

(11% decrease)

 

2017 foreclosure notices:   927

2016 foreclosure notices: 1269

 (27% decrease)

 

 

Foreclosures and Orders of Notice

 November 2017

Town

Foreclosure Deeds

Orders of Notice

ABINGTON

1

2

BRIDGEWATER

1

4

BROCKTON

14

59

CARVER

0

4

DUXBURY

1

1

EAST BRIDGEWATER

1

7

HALIFAX

3

6

HANOVER

0

2

HANSON

2

3

HINGHAM

0

2

HULL

2

3

KINGSTON

1

6

LAKEVILLE

1

5

MARION

1

1

MARSHFIELD

2

5

MATTAPOISETT

0

1

MIDDLEBORO

2

10

NORWELL

0

2

PEMBROKE

2

2

PLYMOUTH

6

24

PLYMPTON

0

4

ROCHESTER

0

0

ROCKLAND

3

3

SCITUATE

1

5

WAREHAM

2

11

WEST BRIDGEWATER

0

3

WHITMAN

4

7

     
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