Dedham, MA 2016 Real Estate Activity Report

During 2016, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham in 2016. 5,633 land documents were recorded versus 5,103 during 2015.

 

The total volume of real estate sales in Dedham during 2016 was $408,536,117, a 27% increase from 2015. The average sale price of homes and commercial property was up 30% in Dedham. The average sale was $965,806. 

 

The number of mortgages recorded (1,252) on Dedham properties in 2016 was up 9% from the previous year. Total mortgage indebtedness also increased by 16% to $688,502,100 during the same period.

 

There were 10 foreclosure deeds filed against Dedham properties during 2016, representing a 67% decrease from the previous year when there were 6 foreclosure deeds filed.

 

Finally, homestead activity decreased 5% in Dedham during 2016 with 461 homesteads filed compared to 486 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.