Dedham, MA 2nd Quarter 2018 Real Estate Activity Report

During the 2nd quarter of 2018, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was a 3% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 2nd quarter 2018. 1,321 land documents were recorded versus 1,358 during the second quarter 2017.  

 

The total volume of real estate sales in Dedham during the 2nd quarter 2018 was $108,038,835, a 23% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 27% in Dedham. The average sale price was $788,604. 

 

The number of mortgages recorded (267) on Dedham properties during the 2nd quarter 2018 was down 5% from the previous year. However, total mortgage indebtedness increased 9% to $121,188,682 during the same time period.

 

There were 3 foreclosure deeds filed against Dedham properties during the 2nd quarter 2018, compared to 2 foreclosure deeds filed during the 2nd quarter 2017. 

 

Finally, homestead activity decreased 2% in Dedham during the 2nd quarter 2018 with 132 homesteads filed compared to 135 during the same time period 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.