Real estate activity in Sharon, MA during the 1st quarter of 2015 saw a decrease in total real estate sales volume but an increase in borrowing.
There was a 32% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 1st quarter of 2015. 808 land documents were recorded versus 612 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Sharon during the 1st quarter of 2015 was $20,808,403, a 14% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $507,522, a 20% decrease over 1st quarter 2014.
The number of mortgages recorded on Sharon properties during the 1st quarter of 2015 was 245, a 74% increase from the same time period in 2014. Total mortgage indebtedness was $72,183,820 for the quarter compared to $37,972,370 for the 1st quarter 2014.
There were no foreclosure deeds recorded against Sharon properties during the 1st quarter of 2015.
Finally, Homestead activity increased in Sharon during the 1st quarter of 2015. 65 Homesteads were recorded in the quarter representing a 23% increase from the 1st quarter 2014 number of 53.