Real Estate activity in Cohasset, MA during the 2nd quarter of 2015 saw decreases in real estate sales but increases in borrowing.
There was a 41% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 2nd quarter of 2015. 753 land documents were recorded versus 535 during the 2nd quarter of 2014.
The total dollar volume of real estate sales in Cohasset during the 2nd quarter of 2015 was $53,730,415, a 29% decrease over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $1,143,200, a 30% decrease from the same time period in 2014.
The number of mortgages recorded against Cohasset properties during the 2nd quarter of 2015 was 172, a 48% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $115,545,344 for the quarter compared to $48,732,975 for the 2nd quarter 2014.
There were 3 foreclosure deeds filed against Cohasset properties during the 2nd quarter of 2015.
Finally, homestead activity increased in Cohasset during the 2nd quarter 2015 with 56 Homesteads recorded representing a 19% increase from the 2nd quarter 2014 total of 47.