Dedham, MA 2nd Quarter 2016 Real Estate Activity Report

During the 2nd quarter of 2016, real estate activity in Dedham saw decreases in both total sales volume and average sales price.

 

There was an 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 2nd quarter 2016. 1,369 land documents were recorded versus 1,401 during the second quarter 2015.  

 

The total volume of real estate sales in Dedham during the 2nd quarter 2016 was $70,091,163, a 24% decrease from the same time period in 2015. Also, the average sale price of homes and commercial property decreased 26% in Dedham. The average sale price was $599,069. 

 

The number of mortgages recorded (313) on Dedham properties during the 2nd quarter 2016 was up 4% from the previous year. Total mortgage indebtedness also increased by 13% to $123,895,395 during the same period. 

 

There was 1 foreclosure deed filed against a Dedham property during 2nd quarter 2016 compared to 2 foreclosure deed filings during the 2nd quarter 2015. 

 

Finally, homestead activity fell 12% in Dedham during the 2nd quarter 2016 with 128 homesteads filed compared to 145 during the same time period 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.