Dedham, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Dedham saw significant increases in both total sales volume and average sales price.

 

There was a 19% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 3rd quarter 2016. 1,627 land documents were recorded versus 1,366 during the third quarter 2015.  

 

The total volume of real estate sales in Dedham during the 3rd quarter 2016 was $247,931,359, a 105% increase from the same time period in 2015. Also, the average sale price of homes and commercial property increased 100% in Dedham. The average sale price was $1,745,995. 

 

The number of mortgages recorded (376) on Dedham properties during the 3rd quarter 2016 was up 27% from the previous year. Total mortgage indebtedness also increased 202% to $357,140,031 during the same period. 

 

There were 6 foreclosure deed filed against Dedham properties during the 3rd quarter 2016 compared to 2 foreclosure deed filings during the 3rd quarter 2015. 

 

Finally, homestead activity increased 6% in Dedham during the 3rd quarter 2016 with 150 homesteads filed compared to 142 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.