During the 3rd quarter of 2017, real estate activity in Avon saw decreases in both total sales volume and average sales price.
There was a 17% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 3rd quarter 2017. 240 land documents were recorded versus 288 during the third quarter 2016.
The total volume of real estate sales in Avon during the 3rd quarter 2017 was $6,896,852, a 17% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property fell 6% in Avon. The average sale price was $287,368.
The number of mortgages recorded (48) on Avon properties during the 3rd quarter 2017 was down 21% from the previous year. Also, total mortgage indebtedness was $14,739,479, no statistical change from the 3rd quarter 2016.
There was 1 foreclosure deed filed against an Avon property during the 3rd quarter 2017 compared to 0 foreclosure deed filings during the 3rd quarter 2016.
Finally, homestead activity decreased 14% in Avon during the 3rd quarter 2017 with 19 homesteads filed compared to 22 during the same time period in 2016.