During 2017, real estate activity in Avon saw decreases in both total sales volume and average sales price.
There was a 14% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during 2017. 1,012 land documents were recorded versus 1,174 during 2016.
The total volume of real estate sales, both residential and commercial, in Avon during 2017 was $33,925,125, a 60% decrease from 2016. The average sale price of homes and commercial property was down 57% in Avon. The average sale price was $376,945.
The number of mortgages recorded (187) on Avon properties in 2017 was down 19% from the previous year. Total mortgage indebtedness also decreased 67% to $59,703,482 during the same period.
There were 3 foreclosure deeds filed against Avon properties during 2017, representing a 57% decrease from the previous year when there were 7 foreclosure deeds filed.
Finally, homestead activity decreased 2% in Avon during 2017 with 84 homesteads filed compared to 86 in 2016.