Dedham, MA 2017 Real Estate Activity Report

During 2017, real estate activity in Dedham saw decreases in both total sales volume and average sales price.

 

There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham in 2017. 4,993 land documents were recorded versus 5,628 during 2016.

 

The total volume of real estate sales in Dedham during 2017 was $238,728,199, a 42% decrease from 2016. The average sale price of homes and commercial property was also down 42% in Dedham. The average sale was $559,082. 

 

The number of mortgages recorded (1,049) on Dedham properties in 2017 was down 16% from the previous year. However, total mortgage indebtedness increased by 2% to $702,546,206 during the same period.

 

There were 12 foreclosure deeds filed against Dedham properties during 2017, representing a 20% increase from the previous year when there were 10 foreclosure deeds filed.

 

Finally, homestead activity increased 6% in Dedham during 2017 with 487 homesteads filed compared to 461 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.