Dedham, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Dedham saw increases in both total volume and average sales price.

 

There was an 11% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham in 2015. 5,105 land documents were recorded versus 4,615 during 2014.

 

The total volume of real estate sales in Dedham during 2015 was $320,487,165, a 23% increase from 2014. The average sale price of homes and commercial property was up 15% in Dedham. The average sale was $743,589. 

 

The number of mortgages recorded (1,147) on Dedham properties in 2015 was up by 20% from the previous year. Total mortgage indebtedness actually decreased by 44% to $592,047,057 during the same period.

 

There were 6 foreclosure deeds filed against Dedham properties during 2014, representing a 45% decrease from the previous year when there was 11 foreclosure deeds filed.

 

Finally, homestead activity increased by 8% in Dedham during 2015 with 486 homesteads filed compared to 450 in 2014.

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.