During the 3rd quarter of 2017, real estate activity in Sharon saw a decrease in total sales volume but a small increase in average sales price.
There was a 28% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 3rd quarter 2017. 923 land documents were recorded versus 1,278 during the third quarter 2016.
The total volume of real estate sales in Sharon during the 3rd quarter 2017 was $50,519,566, a 19% decrease from the same time period in 2016. However, the average sale price of homes and commercial property increased 1% in Sharon. The average sale price was $543,221.
The number of mortgages recorded (193) on Sharon properties during the 3rd quarter 2017 was down 43% from the previous year. Total mortgage indebtedness also decreased 45% to $65,042,095 during the same period.
There was 1 foreclosure deed filed against a Sharon property during the 3rd quarter 2017, the same number recorded during the 3rd quarter 2016.
Finally, homestead activity decreased 15% in Sharon during the 3rd quarter 2017 with 106 homesteads filed compared to 124 during the same time period in 2016.