Dedham, MA 1st Quarter 2018 Real Estate Activity Report

During the 1st quarter of 2018, real estate activity in Dedham saw no statistical change in total sales volume and an increase in average sales price.

 

There was a 14% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 1st quarter 2018. 1,010 land documents were recorded versus 1,174 during the first quarter 2017.  

 

The total volume of real estate sales in Dedham during the 1st quarter 2018 was $39,195,220, no statistical change from the same time period in 2017. However, the average sale price of homes and commercial property increased 12% in Dedham. The average sale price was $502,502. 

 

The number of mortgages recorded (208) on Dedham properties during the 1st quarter 2018 was down 13% from the previous year. Total mortgage indebtedness also decreased 82% to $73,012,283 during the same period.

 

There were 2 foreclosure deeds filed against Dedham properties during the 1st quarter 2018, compared to 4 foreclosure deeds filed during the 1st quarter 2017. 

 

Finally, homestead activity decreased 38% in Dedham during the 1st quarter 2018 with 73 homesteads filed compared to 118 during the same time period in 2017.

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.