Real estate activity in Canton, MA during the 2nd quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 32% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 2nd quarter of 2015. 1,499 land documents were recorded versus 1,138 during the 2nd quarter of 2014.
The total dollar volume of real estate sales in Canton during the 2nd quarter of 2015 was $119,279,211, a 105% increase over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $883,549, a 61% increase from the same time period in 2014.
The number of mortgages recorded against Canton properties during the 2nd quarter of 2015 was 341, a 52% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $138,844,912 for the quarter compared to $110,684,924 for the 2nd quarter 2014.
There were 2 foreclosure deeds filed against Canton properties during the 2nd quarter 2015.
Finally, homestead activity increased in Canton duriing the 2nd quarter 2015 with 132 Homesteads recorded representing a 9% increase from the 2nd quarter 2014 total of 121.