During 2014, real estate activity in Cohasset saw increases in total volume and average sales price.
There was a 21% decrease in documents recorded at the Norfolk County Registry of Deeds for Cohasset in 2014, resulting in a reduction of 578 documents from 2,786 to 2,208.
The total volume of real estate sales in Cohasset during 2014 was $196,089,402 which showed a 20% increase from 2013. The average sale price of homes and commercial property was up by 12% in Cohasset. The average sale was $1,043,028.
The number of mortgages recorded (465) on Cohasset properties in 2014 was down by 25% from the previous year. Total mortgage indebtedness also decreased by 31% to $212,344,090 during the same period.
There were 3 foreclosure deeds filed in Cohasset during 2014, representing a 25% decrease from the previous year when there was 4 foreclosure deeds filed.
Finally, homestead activity decreased by 4% in Cohasset during 2014 with 186 homesteads filed compared to 193 in 2013.