Cohasset, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Cohasset saw increases in both total sales volume and average sales price.

 

There was an 18% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 3rd quarter 2016. 727 land documents were recorded versus 616 during the third quarter 2015.  

 

The total volume of real estate sales in Cohasset during the 3rd quarter 2016 was $84,449,988, a 70% increase from the same time period in 2015. Also, the average sale price of homes and commercial property increased 54% in Cohasset. The average sale price was $1,340,476. 

 

The number of mortgages recorded (164) on Cohasset properties during the 3rd quarter 2016 was up 26% from the previous year. Total mortgage indebtedness decreased by 262% to $240,738,257 during the same period.

 

There was 1 foreclosure deeds filed against Cohasset properties during 3rd quarter 2016 compared to 0 foreclosure deed filings during the 3rd quarter 2015. 

 

Finally, homestead activity decreased 16% in Cohasset during the 3rd quarter 2016 with 48 homesteads filed compared to 57 during the same time period in 2015.

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.