During the 2nd quarter of 2021, real estate activity in Canton saw decreases in total sales volume and average sales price.
There was a 28% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 2nd quarter 2021. 1,928 land documents were recorded versus 1,505 during the 2nd quarter 2020.
The total volume of real estate sales in Canton during the 2nd quarter 2021 was $151,280,158, an 8% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 44% in Canton. The average sale price was $1,022,163.
The number of mortgages recorded (452) on Canton properties during the 2nd quarter 2021 was up 3% from the previous year. Total mortgage indebtedness was $238,793,172, up 43% from the 2nd quarter 2020.
There were 0 foreclosure deeds filed against Canton properties during the 2nd quarter 2021 compared to 2 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Canton decreased 30% during the 2nd quarter 2021 with 142 homesteads filed, compared to 109 filed during the same time period in 2020.