During 2019, real estate activity in Milton saw increases in both total sales volume and average sales price.
There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during 2019. 5,312 land documents were recorded versus 4,819 during 2018.
The total volume of real estate sales in Milton during 2019 was $313,748,186, an 8% increase from 2018. Also, the average sale price of homes and commercial property increased 5% in Milton. The average sale price was $825,653.
The number of mortgages recorded (1,341) on Milton properties during 2019 increased 20% compared to 2018. Also, total mortgage indebtedness increased 49% to $617,624,689 during the same time period.
There were 5 foreclosure deeds filed against Milton properties during 2019, compared to 6 foreclosure deeds recorded during 2018.
Finally, homestead activity increased 4% in Milton during 2019 with 477 homesteads filed compared to 458 during 2018.