During the 2nd quarter of 2017, real estate activity in Milton saw small decreases in both total sales volume and average sales price.
There was a 7% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 2nd quarter 2017. 1,413 land documents were recorded versus 1,525 during the second quarter 2016.
The total volume of real estate sales in Milton during the 2nd quarter 2017 was $86,448,298, a 2% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property decreased 1% in Milton. The average sale price was $751,724.
The number of mortgages recorded (337) on Milton properties during the 2nd quarter 2017 was down 15% from the previous year. Total mortgage indebtedness also decreased 17% to $121,195,056 during the same period.
There were 2 foreclosure deeds filed against Milton properties during the 2nd quarter 2017 compared to 3 filings during the 2nd quarter 2016.
Finally, homestead activity decreased 2% in Milton during the 2nd quarter 2017 with 127 homesteads filed compared to 129 during the same time period in 2016.