During the 2nd quarter of 2021, real estate activity in Sharon saw increases in total sales volume and average sales price.
There was a 16% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 2nd quarter 2021. 1,351 land documents were recorded versus 1,165 during the 2nd quarter 2020.
The total volume of real estate sales in Sharon during the 2nd quarter 2021 was $68,473,146, a 30% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 10% in Sharon. The average sale price was $698,705.
The number of mortgages recorded (323) on Sharon properties during the 2nd quarter 2021 was down 13% from the previous year. However, total mortgage indebtedness was $130,227,692, up 5% from the 2nd quarter 2020.
There were 0 foreclosure deeds filed against Sharon properties during the 2nd quarter 2021 compared to 1 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Sharon increased 22% during the 2nd quarter 2021 with 110 homesteads filed, compared to 90 filed during the same time period in 2020.