Norfolk County Real Estate Market Shows Notable Growth

Norfolk County Register of Deeds William P. O’Donnell reported that Norfolk County recordings for the month of June 2025 indicate a notable increase in overall real estate activity, with increases in both property sales and mortgage activity as compared to June 2024 and the previous month, May 2025.

The Norfolk County Registry of Deeds recorded a total of 10,433 documents in June 2025. This represents a 15% increase from June 2024 and an 8% increase compared to May 2025.

Norfolk County Real Estate Market Shows Notable Growth

“The real estate market in Norfolk County is performing well as we move into the summer,” stated Norfolk County Register of Deeds William P. O’Donnell. “The increase in real estate activity especially in property sales and mortgages demonstrates the robust demand for property here.”

The total number of deeds recorded for June 2025, which reflect both commercial and residential real estate sales and transfers, was 1,677, up 14% from June 2024 and up 12% from May 2025. Looking at just commercial and residential real estate sales, a total of 1,012 properties were sold in June 2025. This figure represents a 13% increase from June 2024."

“The significant increase in deeds recorded and properties sold in June 2025 compared to the same month last year demonstrates the ongoing demand for real estate within our communities,” stated Register O’Donnell. “Even amidst various market factors, the consistent volume of transactions points to an active real estate landscape.”

The average sale price for commercial and residential properties in June 2025 was $1,153,416, a less than 1% decrease from June 2024, and a decrease of 17% compared to May 2025. Additionally, the total dollar volume of commercial and residential sales is up, increasing 13% from last year and 2% from last month.

“The month of June saw a notable shift in the average sale prices on commercial and residential real estate as a whole marking the first time in 2025 that we haven't seen a year-over-year rise,” stated Register O’Donnell. “This pause in upward trending property prices could offer a welcomed window for prospective buyers, but we will need to wait and see if this trend continues.”

For the month of June, lending activity showed a significant increase compared to the same month a year ago and the previous month. A total of 1,707 mortgages were recorded in June 2025, up 23% from June 2024 and 11% more than May 2025. The total mortgage indebtedness is also up increasing 67% compared to June 2024, and up 2% compared to May 2025.

“The substantial rise in mortgage recordings, coupled with the increased mortgage indebtedness, indicates a strong and renewed confidence among buyers in securing financing,” stated Register O’Donnell. “This positive trend in lending activity is a key indicator of the overall health of our local real estate market.”

The Norfolk County Registry of Deeds has been closely monitoring the foreclosure market. In June 2025, there were 3 foreclosure deeds recorded as a result of mortgage foreclosures taking place in Norfolk County, whereas in June 2024, there were 9. Additionally, in June 2025, there were 28 notices to foreclose, the first step in the foreclosure process, less than the 37 recorded in June 2024.

“The reduction in the number of foreclosures and notices to foreclose is certainly positive news. With that said, we must remember that foreclosure activity has a human impact, and there are still a number of our neighbors who have lost their homes, and even more are dangerously close to losing their homes,” said Register O'Donnell. “I would urge anyone struggling to pay their mortgage or who knows someone who is struggling to contact one of the non-profit organizations listed on our website, www.norfolkdeeds.org.”

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.

Register O’Donnell concluded, “The June 2025 real estate data for Norfolk County showcases a competitive real estate market driven by strong demand and increasing lending activity. This growth highlights the desirability of our communities. As we move further into the summer months, we remain optimistic for continued growth and look forward to seeing how the market evolves.”

To learn more about these and other Registry of Deeds events and initiatives, “like” us on Facebook at facebook.com/norfolkdeeds. Follow us on Twitter and Instagram at @norfolkdeeds.

The Norfolk County Registry of Deeds, located at 649 High St., Dedham, is the principal office for real property in Norfolk County. The Registry is a resource for homeowners, title examiners, mortgage lenders, municipalities, and others with a need for secure, accurate, and accessible land record information. All land record research information can be found on the Registry's website, www.norfolkdeeds.org. Residents in need of assistance can contact the Registry of Deeds Customer Service Center at (781) 461-6101 or email us at registerodonnell@norfolkdeeds.org.