During 2018, real estate activity in Avon saw increases in both total sales volume and average sales price.
There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during 2018. 1,050 land documents were recorded versus 1,010 during 2017.
The total volume of real estate sales, both residential and commercial, in Avon during 2018 was $52,151,279, a 54% increase from 2017. The average sale price of homes and commercial property was up 21% in Avon. The average sale price was $457,467.
The number of mortgages recorded (184) on Avon properties in 2018 was down 2% from the previous year. However, total mortgage indebtedness increased 7% to $63,965,917 during the same period.
There were 3 foreclosure deeds filed against Avon properties during 2018, the same number recorded in 2017.
Finally, homestead activity increased 13% in Avon during 2018 with 95 homesteads filed compared to 84 in 2017.