During 2015, real estate activity in Avon saw increases in total volume and average sales price.
There was a 21% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during 2015. 1,006 land documents were recorded versus 830 during 2014.
The total volume of real estate sales in Avon during 2015 was $52,786,961, a 53% increase from 2014. The average sale price of homes and commercial property was up 51% in Avon. The average sale price was $723,109. These numbers were impacted by the one-time sale of commercial property during the 2nd quarter.
The number of mortgages recorded (192) on Avon properties in 2015 was up 31% from the previous year. Total mortgage indebtedness also increased by 99% to $78,181,449 during the same period.
There were 2 foreclosure deeds filed against Avon property during 2015, representing a 33% decrease from the previous year when there were 3 foreclosure deeds filed.
Finally, homestead activity increased 67% in Avon during 2015 with 85 homesteads filed compared to 51 in 2014.