Sharon, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Sharon saw an increase in total sales volume but a decrease in average sales price.

 

There was a 26% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 3rdd quarter 2016. 1,279 land documents were recorded versus 1,016 during the third quarter 2015.  

 

The total volume of real estate sales in Sharon during the 3rd quarter 2016 was $62,673,317, an 8% increase from the same time period in 2015. However, the average sale price of homes and commercial property decreased 12% in Sharon. The average sale price was $540,287.  

 

The number of mortgages recorded (339) on Sharon properties during the 3rd quarter 2016 was up 44% from the previous year. Total mortgage indebtedness also increased 34% to $118,735,419 during the same period.

 

There was 1 foreclosure deed filed against a Sharon property during the 3rd quarter 2016 compared to 2 foreclosure deed filings during the 3rd quarter 2015. 

 

Finally, homestead activity increased 29% in Sharon during the 3rd quarter 2016 with 124 homesteads filed compared to 96 during the same time period in 2015.

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.