Dedham, MA 1st Quarter 2017 Real Estate Activity Report

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

 

There was an 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 1st quarter 2017. 1,173 land documents were recorded versus 1,182 during the first quarter 2016.  

 

The total volume of real estate sales in Dedham during the 1st quarter 2017 was $39,389,188, a 1% increase from the same time period in 2016. However, the average sale price of homes and commercial property decreased 13% in Dedham. The average sale price was $447,604. 

 

The number of mortgages recorded (239) on Dedham properties during the 1st quarter 2017 was up 9% from the previous year. Total mortgage indebtedness also decreased by 449% to $396,989,329 during the same period. .

 

There were 4 foreclosure deeds filed against Dedham properties during 1st quarter 2017 compared to 1 filing during the 1st quarter 2016. 

 

Finally, homestead activity increased 44% in Dedham during the 1st quarter 2017 with 118 homesteads filed compared to 82 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.