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Norfolk/Wrentham - Local Town Pages

Norfolk County Real Estate Market Shows Mixed Results in February

Norfolk County Register of Deeds William P. O’Donnell reported mixed real estate activity in February 2026, with some indicators rising year-over-year while others declined compared to both last year and the previous month.

The Norfolk County Registry of Deeds recorded 7,083 documents in February, a 3% increase from February 2025 but a 10% decrease from January 2026.

“Document recordings in February continued to trend slightly ahead of last year,” said O’Donnell. “Even with the typical late-winter slowdown, the year-over-year increase shows that engagement with real estate remains steady across Norfolk County.”

A total of 952 deeds were recorded in February, an 8% decrease from February 2025 and a 15% decrease from January 2026. Deeds recorded with consideration totaled 379, an 11% decline year-over-year and a 20% drop from the previous month.

“The decrease in deeds reflects the ongoing shortage of properties coming onto the market,” said O’Donnell. “Low inventory and homeowners holding onto low-rate mortgages continue to limit sales activity, and winter conditions may have discouraged some buyers and sellers.”

The average sale price for commercial and residential properties in February was $1,104,109, a 4% increase from February 2025 but a 26% decrease from January 2026. Total sales volume reached $418 million, a 7% decrease year-over-year and 41% lower than January.

Lending activity showed year-over-year gains. The Registry recorded 1,219 mortgages, a 24% increase from February 2025 but a 3% decrease from January 2026. Total mortgage indebtedness was $1.51 billion, a 7% decrease year-over-year but a 62% increase from January.

The Registry also monitored foreclosure activity. In February there were 3 foreclosure deeds, down from 7 in February 2025, while 27 notices to foreclose were recorded, up from 19 last year.

“Life can change unexpectedly, and financial hardship can affect anyone,” O’Donnell said. “If someone is having trouble paying their mortgage, I encourage them to contact one of the non-profit agencies listed on our website.”

The Norfolk County Registry of Deeds partners with Quincy Community Action Programs and NeighborWorks Housing Solutions to assist residents facing mortgage challenges.

The Norfolk County Registry of Deeds is located at 649 High Street in Dedham. More information is available at www.norfolkdeeds.org.