Real Estate activity in Avon, MA during the 3rd quarter of 2016 saw an increase in total real estate sales volume but a decrease in borrowing.
There was a 32% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 3rd quarter of 2016. 288 land documents were recorded versus 219 during the 3rd quarter of 2015.
The total dollar volume of real estate sales in Avon during the 3rd quarter of 2016 was $8,292,309, a 98% increase from 2015 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $307,122, a 25% increase from the same time period in 2015.
The number of mortgages recorded against Avon properties during the 3rd quarter of 2016 was 61, a 33% increase from the 3rd quarter 2015 number. Total mortgage indebtedness was $14,748,351 for the quarter compared to $15,993,563 for the 3rd quarter 2015.
There were 0 foreclosure deeds filed against Avon properties during the 3rd quarter 2016.
Finally, homestead activity increased in Avon during the 3rd quarter 2016 with 22 Homesteads recorded representing a 22% increase from the 3rd quarter 2015 total of 18.