Real Estate activity in Sharon during the 3rd quarter of 2015 saw a decrease in total real estate sales volume but an increase in borrowing.
There was a 5% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 3rd quarter of 2015. 1,016 land documents were recorded versus 1,066 during the 3rd quarter of 2014.
The total dollar volume of real estate sales in Sharon during the 3rd quarter of 2015 was $57,803,942, a 5% decrease over 2014 3rd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $614,935, a 14% increase from the same time period in 2014.
The number of mortgages recorded against Sharon properties during the 3rd quarter of 2015 was 236, a 4% decrease from the 3rd quarter 2014 number. Total mortgage indebtedness was $88,859,952 for the quarter compared to $81,322,913 for the 3rd quarter 2014.
There were 2 foreclosure deeds filed against Sharon properties during the 3rd quarter 2015. This was the same number of foreclosure filings that took place during the same time period in 2014.
Finally, homestead activity decreased in Sharon during the 3rd quarter 2015 with 96 Homesteads recorded representing a 19% decrease from the 3rd quarter 2014 total of 119.