Dedham, MA 2nd Quarter 2017 Real Estate Activity Report

During the 2nd quarter of 2017, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was an 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 2nd quarter 2017. 1,357 land documents were recorded versus 1,369 during the second quarter 2016.  

 

The total volume of real estate sales in Dedham during the 2nd quarter 2017 was $87,988,338, a 26% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 3% in Dedham. The average sale price was $619,636. 

 

The number of mortgages recorded (281) on Dedham properties during the 2nd quarter 2017 was down 10% from the previous year. Total mortgage indebtedness also decreased 10% to $111,517,671 during the same period.

 

There were 2 foreclosure deeds filed against Dedham properties during 2nd quarter 2017 compared to 1 filing during the 2nd quarter 2016. 

 

Finally, homestead activity increased 5% in Dedham during the 2nd quarter 2017 with 135 homesteads filed compared to 128 during the same time period 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.