During the 1st quarter of 2017, real estate activity in Avon saw decreases in both total sales volume and 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 Avon during the 1st quarter 2017. 247 land documents were recorded versus 242 during the first quarter 2016.
The total volume of real estate sales in Avon during the 1st quarter 2017 was $5,841,652, a 32% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property fell 28% in Avon. The average sale price was $343,626.
The number of mortgages recorded (39) on Avon properties during the 1st quarter 2017 was up 3% from the previous year. Total mortgage indebtedness also increased 40% to $14,239,145 during the same period.
There were 0 foreclosure deeds filed against Avon properties during 1st quarter 2017 compared to 3 foreclosure deed filings during the 1st quarter 2016.
Finally, homestead activity decreased 26% in Avon during the 1st quarter 2017 with 14 homesteads filed compared to 19 during the same time period in 2016.