During the 1st quarter of 2018, real estate activity in Cohasset saw decreases in both total sales volume and average sales price.
There was a 14% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 1st quarter 2018. 468 land documents were recorded versus 542 during the first quarter 2017.
The total volume of real estate sales in Cohasset during the 1st quarter 2018 was $30,433,421, a 31% decrease from the same time period in 2017. Also, the average sale price of homes and commercial property decreased 14% in Cohasset. The average sale price was $895,100.
The number of mortgages recorded (101) on Cohasset properties during the 1st quarter 2018 was down 4% from the previous year. Total mortgage indebtedness also decreased 1% to $54,349,929 during the same period.
There were 0 foreclosure deeds filed against Cohasset properties during the 1st quarter 2018, compared to 1 foreclosure deed filed during the 1st quarter 2017.
Finally, homestead activity decreased 9% in Cohasset during the 1st quarter 2018 with 39 homesteads filed compared to 43 during the same time period in 2017.