During the 2nd quarter of 2019, real estate activity in Avon saw decreases increases in total sales volume and average sales price.
There was a 6% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 2nd quarter 2019. 261 land documents were recorded versus 279 during the 2nd quarter 2018.
The total volume of real estate sales in Avon during the 2nd quarter 2019 was $9,300,290, a 50% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property decreased 41% in Avon. The average sale price was $320,721. These figures were impacted by a $7.4 million commercial sale that was recorded in June of 2018.
The number of mortgages recorded (44) on Avon properties during the 2nd quarter 2019 was down 20% from the previous year. Also, total mortgage indebtedness was $14,720,058, down 22% from the 2nd quarter 2018.
There were 0 foreclosure deeds filed against Avon properties during the 2nd quarter 2019, the same number filed during the 2nd quarter 2018.
Finally, homestead activity was flat in Avon during the 2nd quarter 2019 with 27 homesteads filed, the same number filed during the same time period in 2018.