During the 2nd quarter of 2019, real estate activity in Canton saw decreases in both total sales volume and average sales price.
There was a 15% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 2nd quarter 2019. 1,096 land documents were recorded versus 1,282 during the second quarter 2018.
The total volume of real estate sales in Canton during the 2nd quarter 2019 was $92,953,622, a 29% decrease from the same time period in 2018. Also, the average sale price of homes and commercial property was down 7% in Canton. The average sale price was $911,310.
The number of mortgages recorded (236) on Canton properties during the 2nd quarter 2019 was down 7% compared to the previous year. Also, total mortgage indebtedness decreased 65% to $102,127,372 during the same period.
There were 0 foreclosure deeds filed against Canton properties during the 2nd quarter 2019 compared to 1 foreclosure deed filed during the 2nd quarter 2018.
Finally, homestead activity decreased 33% in Canton during the 2nd quarter 2019 with 91 homesteads filed compared to 136 during the same time period in 2018.