Norfolk County Real Estate Prices Skyrocket by 25% in December—Are You Missing Out?

In a positive update for the real estate market, Norfolk County Register of Deeds William P. O’Donnell announced that December 2025 saw strong real estate activity, with significant increases in both deed and mortgage recordings compared to the previous year. The Norfolk County Registry of Deeds documented a total of 10,178 documents in December, marking a remarkable 16% increase from December 2024 and a notable 24% increase from November 2025.

O’Donnell emphasized the importance of these figures, stating, “The increase in overall document recordings compared to last December is a strong indicator of continued engagement in the real estate market. This level of activity reflects confidence among buyers, sellers, and lenders as we close out the year.”

Delving into the specifics, the total number of deeds recorded in December included both commercial and residential transactions, totaling 1,545 deeds. This was a 13% increase from December 2024 and a substantial 25% higher than the previous month. Notably, 745 properties were sold in December, which represents an 11% increase over the same month last year.

“The year-over-year growth in property transactions highlights that the market remains active,” O’Donnell noted. “Buyers and sellers continue to move forward with transactions despite broader economic conditions. This steady level of activity demonstrates confidence in Norfolk County’s real estate landscape.”

However, the average sale price of properties in December 2025 was $1,437,216, reflecting an 18% decrease from December 2024. Yet, there was a slight rebound, as prices increased by 2% from November 2025. The total dollar volume for commercial and residential sales was $1.07 billion, down 10% compared to last year but up 27% from the previous month.

“This reduction in overall real estate prices compared to last year may offer some relief to those looking to purchase property in Norfolk County,” O’Donnell explained. “Lower average sale prices could create new opportunities for first-time homebuyers and current homeowners looking to move who were previously priced out of the market. However, purchase prices remain high relative to past years.”

Lending activity also demonstrated strong performance, with 1,753 mortgages recorded in December 2025. This represents a significant 29% increase from December 2024 and a 25% increase from the previous month. The total dollar amount of mortgage indebtedness recorded in December reached $1,280,227,467, marking a 12% increase over last year and a striking 28% higher than November.

“The increase in mortgage recordings and the rise in total mortgage indebtedness reflect continued investment in real estate,” O’Donnell noted. “These figures show that many residents are successfully securing financing and making substantial commitments to homeownership and property improvements.”

In a further positive development, the foreclosure market in Norfolk County showed signs of improvement in December 2025. Only 4 foreclosure deeds were recorded, down from 6 recorded in December 2024. Additionally, notices to foreclose decreased significantly, with just 11 notices recorded in December this year compared to 33 during the same period last year, marking a remarkable 67% decrease.

“Any reduction in foreclosure activity is positive news,” O’Donnell commented. “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. 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.”

As Norfolk County closes out 2025, these figures paint a picture of a resilient real estate market, where activity remains robust amidst fluctuating prices and lending conditions. The ongoing confidence among buyers, sellers, and lenders is a testament to the area's enduring appeal, marking a hopeful outlook as the new year approaches.