During the 3rd quarter of 2018, real estate activity in Cohasset saw decreases in both total sales volume and average sales price.
There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 3rd quarter 2018. 675 land documents were recorded versus 648 during the third quarter 2017.
The total volume of real estate sales in Cohasset during the 3rd quarter 2018 was $73,421,712, a 5% decrease from the same time period in 2017. Also, the average sale price of homes and commercial property decreased 1% in Cohasset. The average sale price was $1,147,214.
The number of mortgages recorded (131) on Cohasset properties during the 3rd quarter 2018 was down 10% from the previous year. However, total mortgage indebtedness increased 12% to $74,851,046 during the same period.
There were 0 foreclosure deeds filed against Cohasset properties during the 3rd quarter 2018, the same number of foreclosure deeds filed during the 3rd quarter 2017.
Finally, homestead activity decreased 9% in Cohasset during the 3rd quarter 2018 with 59 homesteads filed compared to 65 during the same time period in 2017.