Cohasset, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Cohasset saw an increase in total sales volume but a small decrease in average sales price.

 

There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 1st quarter 2017. 542 land documents were recorded versus 510 during the first quarter 2016.  

 

The total volume of real estate sales in Cohasset during the 1st quarter 2017 was $43,853,202, a 38% increase from the same time period in 2016. However, the average sale price of homes and commercial property decreased 2% in Cohasset. The average sale price was $1,044,123. 

 

The number of mortgages recorded (105) on Cohasset properties during the 1st quarter 2017 was down 10% from the previous year. Total mortgage indebtedness also decreased by 11% to $55,003,417 during the same period.

 

There was 1 foreclosure deed filed against a Cohasset property during 1st quarter 2017, the same number recorded during the 1st quarter 2016. 

 

Finally, homestead activity increased 30% in Cohasset during the 1st quarter 2017 with 43 homesteads filed compared to 33 during the same time period in 2016.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.