During 2017, real estate activity in Sharon saw decreases in both total sales volume and average sales price.
There was a 17% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon in 2017. 3,469 land documents were recorded versus 4,181 in 2016.
The total volume of real estate sales in Sharon during 2017 was $164,908,624, a 7% decrease from 2016. The average sales price of homes and commercial property was down 6% in Sharon. The average sale price was $544,252.
The number of mortgages recorded (733) on Sharon properties in 2017 was down 32% from the previous year. Total mortgage indebtedness decreased by 43% to $230,171,316 during the same period.
There were 3 foreclosure deeds filed against Sharon properties during 2017, representing a 50% increase from the previous year when there were 6 foreclosure deeds recorded.
Finally, homestead activity increased 6% in Sharon during 2017 with 379 homesteads filed compared to 357 in 2016.