During the 3rd quarter of 2021, real estate activity in Canton saw increases in total sales volume and decreases in average sales price.
There was a 10% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Canton during the 3rd quarter 2021. 1,802 land documents were recorded versus 1,994 during the 3rd quarter 2020.
The total volume of real estate sales in Canton during the 3rd quarter 2021 was $245,169,135, an 3% increase from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 12% in Canton. The average sale price was $1,417,162.
The number of mortgages recorded (418) on Canton properties during the 3rd quarter 2021 was down 21% from the previous year. However, total mortgage indebtedness was $368,528,494, up 91% from the 3rd quarter 2020.
There were 0 foreclosure deeds filed against Canton properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Canton increased 10% during the 3rd quarter 2021 with 158 homesteads filed, compared to 143 filed during the same time period in 2020.