Real Estate activity in Avon, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 14% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 1st quarter of 2015. 210 land documents were recorded versus 185 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Avon during the 1st quarter of 2015 was $6,157,907, a 70% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $513,158, a 99% increase from the same time period in 2014.
The number of mortgages recorded on Avon properties during the 1st quarter of 2015 was 44, a 38% increase from the 1st quarter 2014 number. Total mortgage indebtedness was $12,941,093 for the quarter compared to $6,644,476 for the 1st quarter 2014.
No foreclosure deeds were filed against Avon property during the 1st quarter 2015.
Finally, homestead activity increased in Avon during the 1st quarter 2015 with 17 Homesteads recorded representing an 89% increase from the 1st quarter 2014 total of 9.