During the 1st quarter of 2018, real estate activity in Sharon saw increases in both total sales volume and average sales price.
There was a 14% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 1st quarter 2018. 691 land documents were recorded versus 803 during the first quarter 2017.
The total volume of real estate sales in Sharon during the 1st quarter 2018 was $21,362,033, a 1% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 8% in Sharon. The average sale price was $508,619.
The number of mortgages recorded (157) on Sharon properties during the 1st quarter 2018 was down 13% from the previous year. However, total mortgage indebtedness increased 4% to $52,264,303.
There was 1 foreclosure deed filed against a Sharon property during the 1st quarter 2018, the same number filed during the 1st quarter 2017.
Finally, homestead activity decreased 20% in Sharon during the 1st quarter 2018 with 60 homesteads filed compared to 75 during the same time period in 2017.