During the 2nd quarter of 2016, real estate activity in Cohasset saw an increase in total sales volume but a decrease in average sales price.
There was a 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 2nd quarter 2016. 740 land documents were recorded versus 758 during the second quarter 2015.
The total volume of real estate sales in Cohasset during the 2nd quarter 2016 was $58,631,262, an 8% increase from the same time period in 2015. However, the average sale price of homes and commercial property decreased 25% in Cohasset. The average sale price was $849,728.
The number of mortgages recorded (184) on Cohasset properties during the 2nd quarter 2016 was up 7% from the previous year. Total mortgage indebtedness decreased by 23% to $88,534,276 during the same period.
There was 0 foreclosure deeds filed against Cohasset properties during 2nd quarter 2016 compared to 3 foreclosure deed filings during the 2nd quarter 2015.
Finally, homestead activity decreased 2% in Cohasset during the 2nd quarter 2016 with 55 homesteads filed compared to 56 during the same time period in 2015.