During the 3rd 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 3rd quarter 2019. 277 land documents were recorded versus 294 during the 3rd quarter 2019.
The total volume of real estate sales in Avon during the 3rd quarter 2019 was $10,519,222, a 26% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property decreased 13% in Avon. The average sale price was $375,686.
The number of mortgages recorded (61) on Avon properties during the 3rd quarter 2019 was up 13% from the previous year. However, total mortgage indebtedness was $16,993,164, down 19% from the 3rd quarter 2018.
There were 0 foreclosure deeds filed against Avon properties during the 3rd quarter 2019 compared to 1 foreclosure deed filed during the 3rd quarter 2018.
Finally, homestead activity in Avon increased 11% during the 3rd quarter 2019 with 30 homesteads filed, compared to 27 filed during the same time period in 2018.