During the 2nd quarter of 2018, real estate activity in Milton saw a decrease in total sales volume but an increase in 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 Milton during the 2nd quarter 2018. 1,247 land documents were recorded versus 1,412 during the second quarter 2017.
The total volume of real estate sales in Milton during the 2nd quarter 2018 was $80,143,115, a 7% decrease from the same time period in 2017. However, the average sale price of homes and commercial property increased 3% in Milton. The average sale price was $770,606.
The number of mortgages recorded (311) on Milton properties during the 2nd quarter 2018 was down 8% from the previous year. Also, total mortgage indebtedness decreased 5% to $115,054,290 during the same time period.
There were 0 foreclosure deeds filed against Milton properties during the 2nd quarter 2018 compared to 0 foreclosure deeds filed during the 2nd quarter 2017.
Finally, homestead activity increased 2% in Milton during the 2nd quarter 2018 with 129 homesteads filed compared to 127 during the same time period in 2017.