During the 2nd quarter of 2021, real estate activity in Milton saw decreases in total sales volume and increases average sales price.
There was a 24% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Milton during the 2nd quarter 2021. 1,706 land documents were recorded versus 2,248 during the 2nd quarter 2020.
The total volume of real estate sales in Milton during the 2nd quarter 2021 was $104,379,521, a 27% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property increased 18% in Milton. The average sale price was $1,013,393.
The number of mortgages recorded (475) on Milton properties during the 2nd quarter 2021 was down 28% from the previous year. Total mortgage indebtedness was $237,158,755, down 3% 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 decreased 27% during the 2nd quarter 2021 with 134 homesteads filed, compared to 183 filed during the same time period in 2020.