During the 2nd quarter of 2021, real estate activity in Milton saw increases in total sales volume and average sales price.
There was a 20% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 2nd quarter 2021. 1,954 land documents were recorded versus 1,631 during the 2nd quarter 2020.
The total volume of real estate sales in Milton during the 2nd quarter 2021 was $116,497,972, a 59% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 10% in Milton. The average sale price was $1,004,292.
The number of mortgages recorded (535) on Milton properties during the 2nd quarter 2021 was down 3% from the previous year. However, total mortgage indebtedness was $246,721,718, up 23% from the 2nd quarter 2020.
There were 0 foreclosure deeds filed against Milton properties during the 2nd quarter 2021 compared to 0 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Milton increased 50% during the 2nd quarter 2021 with 144 homesteads filed, compared to 96 filed during the same time period in 2020.