During the 2nd quarter of 2019, real estate activity in Sharon saw decreases in both total sales volume and average sales price.
There was a 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 2nd quarter 2019. 816 land documents were recorded versus 836 filed during the second quarter 2018.
The total volume of real estate sales in Sharon during the 2nd quarter 2019 was $41,301,760, a 14% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property decreased 13% in Sharon. The average sale price was $516,272.
The number of mortgages recorded (190) on Sharon properties during the 2nd quarter 2019 was up 12% from the previous year. Also, total mortgage indebtedness increased 30% to $69,996,643.
There were 2 foreclosure deeds filed against Sharon properties during the 2nd quarter 2019, compared to 1 foreclosure deed filed during the 2nd quarter 2018.
Finally, homestead activity decreased 12% in Sharon during the 2nd quarter 2019 with 190 homesteads filed compared to 169 during the same time period in 2018.