During 2014, real estate activity in Avon saw a small increase in total volume but a slight decrease in average sales price.
There was a 30% decrease in documents recorded at the Norfolk County Registry of Deeds for Avon in 2014, resulting in a reduction of 358 documents from 1,188 to 830.
The total volume of real estate sales in Avon during 2014 was $34,544,850 which showed a 1% increase from 2013. The average sale price of homes and commercial property was down 5% in Avon. The average sale was $479,789.
The number of mortgages recorded (147) on Avon properties in 2014 was down by 40% from the previous year. Total mortgage indebtedness also decreased by 52% to $39,210,364 during the same period.
There were 3 foreclosure deeds filed in Avon during 2014, representing a 25% decrease from the previous year when there was 4 foreclosure deeds filed.
Finally, homestead activity decreased 42% in Bellingham during 2014 with 51 homesteads filed compared to 88 in 2013.