During 2017, real estate activity in Milton saw increases in both total sales volume and average sales price.
There was a 9% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton in 2017. 5,407 land documents were recorded versus 5,956 in 2016.
The total volume of real estate sales in Milton during 2017 was $307,668,299, a 6% increase from 2016. The average sales price of homes and commercial property was up 4% in Milton. The average sale price was $727,348.
The number of mortgages recorded (1,253) on Milton properties in 2017 was down 20% from the previous year. Total mortgage indebtedness decreased by 23% to $464,502,242 during the same period.
There were 8 foreclosure deeds filed against Milton properties during 2017, representing a 33% increase from the previous year when there were 6 foreclosure deeds filed.
Finally, homestead activity increased 4% in Milton during 2017 with 519 homesteads filed compared to 498 in 2016.