Real estate activity in Canton, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 1% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 1st quarter of 2015. 1,115 land documents were recorded versus 1,108 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Canton during the 1st quarter of 2015 was $71,002,091, a 115% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $972,631, a 112% increase over 1st quarter 2014.
The number of mortgages recorded on Canton properties during the 1st quarter of 2015 was 251, a 36% increase from the same time period in 2014. Total mortgage indebtedness was $185,736,458 for the quarter compared to $51,885,159 for the 1st quarter 2014.
There was 1 foreclosure deed recorded against Canton properties during the 1st quarter of 2015. This compares to 3 foreclosure deeds recorded during the same time period in 2014.
Finally, Homestead activity increased in Canton during the 1st quarter of 2015. 89 Homesteads were recorded in the quarter representing an 13% increase from the 1st quarter 2014 number of 79.