Dedham, MA 1st Quarter 2019 Real Estate Activity Report

During the 1st quarter of 2019, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was a 5% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 1st quarter 2019. 960 land documents were recorded versus 1,010 during the first quarter 2018.  

 

The total volume of real estate sales in Dedham during the 1st quarter 2019 was $53,526,204, a 37% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 48% in Dedham. The average sale price was $743,419.   

 

The number of mortgages recorded (175) on Dedham properties during the 1st quarter 2019 was down 16% from the previous year.Also, total mortgage indebtedness decreased 7% to $68,218,257 during the same time period.

 

There was 1 foreclosure deed filed against a Dedham property during the 1st quarter 2019, compared to 2 foreclosure deeds filed during the 1st quarter 2018. 

 

Finally, homestead activity increased 27% in Dedham during the 1st quarter 2019 with 93 homesteads filed compared to 73 during the same time period in 2018.

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.