During the 3rd quarter of 2018, real estate activity in Avon saw increases in total sales volume and average sales price.
There was a 23% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Avon during the 3rd quarter 2018. 294 land documents were recorded versus 240 during the 3rd quarter 2017.
The total volume of real estate sales in Avon during the 3rd quarter 2018 was $14,215,211, a 106% increase from the same time period in 2017. Also, the average sale price of homes and commercial property actually increased 50% in Avon. The average sale price was $430,763.
The number of mortgages recorded (54) on Avon properties during the 3rd quarter 2018 was up 13% from the previous year. Also, total mortgage indebtedness was $21,079,912, up 43% from the 3rd quarter 2017.
There was 1 foreclosure deed filed against an Avon property during the 3rd quarter 2018, the same number filed during the 3rd quarter 2017.
Finally, homestead activity increased 42% in Avon during the 3rd quarter 2018 with 27 homesteads filed compared to 19 during the same time period in 2017.