Sharon, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Sharon saw an increase in total sales volume but a small decrease in average sales price.

 

There was a 2% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 1st quarter 2017. 802 land documents were recorded versus 783 during the first quarter 2016.  

 

The total volume of real estate sales in Sharon during the 1st quarter 2017 was $21,165,353, a 22% increase from the same time period in 2016. However, the average sale price of homes and commercial property decreased 2% in Sharon. The average sale price was $470,341. 

 

The number of mortgages recorded (181) on Sharon properties during the 1st quarter 2017 was down 13% from the previous year. Total mortgage indebtedness also decreased 24% to $50,479,136 during the same period.

 

There was 1 foreclosure deed filed against a Sharon property during 1st quarter 2017 compared to 3 filings during the 1st quarter 2016. 

 

Finally, homestead activity increased 37% in Sharon during the 1st quarter 2017 with 74 homesteads filed compared to 54 during the same time period in 2016.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.