During the 2nd quarter of 2017, real estate activity in Sharon saw decreases in both total sales volume and average sales price.
There was a 22% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 2nd quarter 2017. 911 land documents were recorded versus 1,173 during the second quarter 2016.
The total volume of real estate sales in Sharon during the 2nd quarter 2017 was $59,401,508, a 17% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property decreased 19% in Sharon. The average sale price was $582,367.
The number of mortgages recorded (174) on Sharon properties during the 2nd quarter 2017 was down 39% from the previous year. Total mortgage indebtedness also decreased 41% to $60,583,553 during the same period.
There was 1 foreclosure deed filed against a Sharon property during the 2nd quarter 2017 compared to 2 filings during the 2nd quarter 2016.
Finally, homestead activity increased 4% in Sharon during the 2nd quarter 2017 with 113 homesteads filed compared to 109 during the same time period in 2016.