During 2015, real estate activity in Canton saw increases in both total volume and average sales price.
There was a 12% increase in the number of land documents recorded at the Norfolk County Registry of Deeds for the town of Canton in 2015. 5,345 land documents were recorded versus 4,767 in 2014.
The total volume of real estate sales in Canton during 2015 was $370,766,682, a 65% increase from 2014. The average sale price of homes and commercial property was up 55% in Canton. The average sales price was $836,945.
The number of mortgages recorded (1,161) against Canton properties in 2015 was up 24% from the previous year. Total mortgage indebtedness actually decreased by 7% to $658,732,616 during the same period.
There were 5 foreclosure deeds filed against Canton propertes during 2015, representing a 58% decrease from the previous year when there were 12 foreclosure deeds filed.
Finally, homestead activity increased 9% in Canton during 2015 with 463 homesteads filed compared to 426 in 2014.