During 2014, real estate activity in Sharon saw a decrease in total volume and a small increase in average sales price.
There was a 36% decrease in documents recorded at the Norfolk County Registry of Deeds for Sharon in 2014, resulting in a reduction of 1,932 documents from 5,373 to 3,441.
The total volume of real estate sales in Sharon during 2014 was $145,262,846 which showed a 17% decrease from 2013. The average sale price of homes and commercial property was up 4% in Sharon. The average sale was $528,228.
The number of mortgages recorded (831) on Sharon properties in 2014 was down by 37% from the previous year. Total mortgage indebtedness also decreased by 29% to $292,778,650 during the same period.
There were 4 foreclosure deeds filed in Sharon during 2014, representing a 71% decrease from the previous year when there was 14 foreclosure deeds filed.
Finally, homestead activity decreased 22% in Sharon during 2014 with 334 homesteads filed compared to 430 in 2013.