Dedham, MA 2018 Real Estate Activity Report

During 2018, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was a 6% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham in 2018. 4,694 land documents were recorded versus 4,995 during 2017.

 

The total volume of real estate sales in Dedham during 2018 was $361,277,131, a 51% increase from 2017. The average sale price of homes and commercial property was also up 47% in Dedham. The average sale was $819,222. These figures were impacted by a $64 million commercial real estate transaction recorded 7/3/18. 

 

The number of mortgages recorded (957) on Dedham properties in 2018 was down 9% from the previous year. Also, total mortgage indebtedness decreased by 41% to $417,644,694 during the same period.

 

There were 8 foreclosure deeds filed against Dedham properties during 2018, representing a 33% decrease from the previous year when there were 12 foreclosure deeds filed.

 

Finally, homestead activity decreased 5% in Dedham during 2018 with 465 homesteads filed compared to 487 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.