Real estate activity in Cohasset, MA during the 1st quarter of 2015 saw increases in both total real estate sales volume and borrowing.
There was a 26% increase in total land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 1st quarter of 2015. 547 land documents were recorded versus 434 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Cohasset during the 1st quarter of 2015 was $25,922,354, a 30% increase over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $836,204, a 30% increase over 1st quarter 2014.
The number of mortgages recorded on Cohasset properties during the 1st quarter of 2015 was 131, a 64% increase from the same time period in 2014. Total mortgage indebtedness was $63,347,132 for the quarter compared to $37,206,152 for the 1st quarter 2014.
There were no foreclosure deeds recorded against Cohasset properties during the 1st quarter of 2015.
Finally, Homestead activity increased in Cohasset during the 1st quarter of 2015. 40 Homesteads were recorded in the quarter representing an 8% increase from the 1st quarter 2014 number of 37.