Dedham, MA 3rd Quarter 2018 Real Estate Activity Report

During the 3rd quarter of 2018, real estate activity in Dedham saw increases in both total sales volume and average sales price.

 

There was a 0% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 3rd quarter 2018. 1,238 land documents were recorded versus 1,241 during the third quarter 2017.  

 

The total volume of real estate sales in Dedham during the 3rd quarter 2018 was $136,181,027, a 119% increase from the same time period in 2017. Also, the average sale price of homes and commercial property increased 77% in Dedham. The average sale price was $1,107,162. These figures were impacted by a $64 million commercial property sale that took place on 7/3/18.  

 

The number of mortgages recorded (250) on Dedham properties during the 3rd quarter 2018 was down 2% from the previous year. However, total mortgage indebtedness increased 11% to $95,357,413 during the same time period.

 

There was 1 foreclosure deed filed against a Dedham property during the 3rd quarter 2018, compared to 2 foreclosure deeds filed during the 3rd quarter 2017. 

 

Finally, homestead activity increased 20% in Dedham during the 3rd quarter 2018 with 145 homesteads filed compared to 121 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.