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Franklin - Local Town Pages

2nd Quarter RE Activity Up in Norfolk County

Aug 26, 2025 02:28PM ● By Staff Member

Dedham, MA – Norfolk County Register of Deeds William P. O’Donnell reports that Norfolk County real estate recordings for the second quarter of 2025 (April-June 2025) indicate a significant increase in overall real estate activity, with growth observed in both the total number of deeds and mortgages recorded compared to the second quarter of 2024.

The Norfolk County Registry of Deeds recorded 28,732 documents during the second quarter of 2025, representing an 8% increase compared to the 26,623 documents recorded in the same period in 2024. June was the busiest month in the second quarter of 2025 for real estate activity, with 10,433 documents recorded, marking a 15% increase from June 2024.

The number of deeds recorded in the second quarter of 2025, which reflect both commercial and residential real estate sales and transfers, was 4,493, marking a 6% increase during the same period in 2024. The number of deeds recorded for consideration (actual sales) also rose by 6% to 2,456 in the second quarter of 2025 compared to the second quarter of 2024.

The total volume of commercial and residential sales for the second quarter of 2025 reached $3,166,444,793, a 14% increase compared to the second quarter of 2024. The average sale price for commercial and residential properties climbed to $1,289,269, reflecting an 8% increase from the same time period in 2024. April 2025 saw a notable increase, with the average sale price reaching $1,381,678, up 33% from April 2024. However, June 2025 saw virtually no change in the average property price from June 2024.

Overall lending activity was up in the second quarter. The total number of mortgages recorded was 4,692, marking a 16% increase compared to the same period last year. Total mortgage indebtedness also increased by 56% to $4,226,032,103 in the second quarter compared to 2024. June 2025 recordings saw the largest increase in mortgages compared to the same month in 2024, up 22% from last year.

The foreclosure market in Norfolk County saw positive developments during the second quarter of 2025. There were 11 foreclosure deeds recorded as a result of mortgage foreclosures taking place in Norfolk County, a 38% decrease from the second quarter of 2024. Notices to foreclose also declined by 33%, with 74 notices recorded compared to 112 during the same time period last year.

For the past several years, the Norfolk County Registry of Deeds has partnered with Quincy Community Action Programs (617-479-8181 x376) and NeighborWorks Housing Solutions (508-587-0950) to help anyone facing challenges paying their mortgage. Another option for homeowners is to contact the Massachusetts Attorney General’s Consumer Advocacy and Response Division (CARD) at 617-727-8400.

The Norfolk County Registry of Deeds, is located at 649 High St., Dedham. Find them on social media, visit www.norfolkdeeds.org, call (781) 461-6101 or email [email protected].