During the 3rd quarter of 2021, real estate activity in Dover saw decreases in total sales volume and average sales price.
There was a 12% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dover during the 3rd quarter 2021. 432 land documents were recorded versus 492 during the 3rd quarter 2020.
The total volume of real estate sales in Dover during the 3rd quarter 2021 was $48,751,819, a 29% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 3% in Dover. The average sale price was $1,477,327.
The number of mortgages recorded (92) on Dover properties during the 3rd quarter 2021 was down 24% from the previous year. However, total mortgage indebtedness was $95,808,122, up 44% from the 3rd quarter 2020.
There were 0 foreclosure deeds filed against Dover properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Dover decreased 9% during the 3rd quarter 2021 with 40 homesteads filed, compared to 44 filed during the same time period in 2020.