During the 3rd quarter of 2018, real estate activity in Sharon saw increases in both total sales volume and average sales price.
There was a 1% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Sharon during the 3rd quarter 2018. 930 land documents were recorded versus 923 during the third quarter 2017.
The total volume of real estate sales in Sharon during the 3rd quarter 2018 was $69,026,065, a 37% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 41% in Sharon. The average sale price was $766,956.
The number of mortgages recorded (191) on Sharon properties during the 3rd quarter 2018 was down 1% from the previous year. However, total mortgage indebtedness increased 13% to $73,486,963.
There were 0 foreclosure deeds filed against Sharon properties during the 3rd quarter 2018, compared to 1 foreclosure deed filed during the 3rd quarter 2017.
Finally, homestead activity decreased 6% in Sharon during the 3rd quarter 2018 with 100 homesteads filed compared to 106 during the same time period in 2017.