During the 1st quarter of 2018, real estate activity in Avon saw increases in both total sales volume and average sales price.
There was a 17% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 1st quarter 2018. 205 land documents were recorded versus 247 during the 1st quarter 2017.
The total volume of real estate sales in Avon during the 1st quarter 2018 was $6,401,808, a 10% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 4% in Avon. The average sale price was $355,656.
The number of mortgages recorded (33) on Avon properties during the 1st quarter 2018 was down 15% from the previous year. Also, total mortgage indebtedness was $8,213,087, down 42% from the 1st quarter 2017.
There was 1 foreclosure deed filed against an Avon property during the 1st quarter 2018 compared to 0 foreclosure deed filings during the 1st quarter 2017.
Finally, homestead activity increased 29% in Avon during the 1st quarter 2018 with 18 homesteads filed compared to 14 during the same time period in 2017.