Real Estate activity in Avon, MA during the 2nd quarter of 2016 saw decreases in both total real estate sales volume and borrowing.
There was a 10% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 2nd quarter of 2016. 257 land documents were recorded versus 284 during the 2nd quarter of 2015.
The total dollar volume of real estate sales in Avon during the 2nd quarter of 2016 was $15,323,617, a 55% decrease from 2015 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $806,506, a 65% decrease from the same time period in 2014.
The number of mortgages recorded against Avon properties during the 2nd quarter of 2016 was 44, a 19% decrease from the 2nd quarter 2015 number. Total mortgage indebtedness was $21,803,193 for the quarter compared to $38,998,544 for the 2nd quarter 2015.
There were 3 foreclosure deeds filed against Avon properties during the 2nd quarter 2016.
Finally, homestead activity increased in Avon during the 2nd quarter 2016 with 22 Homesteads recorded representing a 16% increase from the 2nd quarter 2015 total of 19.