During the 2nd quarter of 2018, real estate activity in Sharon saw a decrease in total sales volume but an increase in average sales price.
There was an 8% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 2nd quarter 2018. 837 land documents were recorded versus 911 during the second quarter 2017.
The total volume of real estate sales in Sharon during the 2nd quarter 2018 was $48,133,882, a 19% decrease from the same time period in 2017. However, the average sale price of homes and commercial property increased 2% in Sharon. The average sale price was $594,245.
The number of mortgages recorded (169) on Sharon properties during the 2nd quarter 2018 was down 3% from the previous year. Also, total mortgage indebtedness decreased 12% to $53,361,905.
There was 1 foreclosure deed filed against a Sharon property during the 2nd quarter 2018, the same number filed during the 2nd quarter 2017.
Finally, homestead activity decreased 14% in Sharon during the 2nd quarter 2018 with 97 homesteads filed compared to 113 during the same time period in 2017.