During 2015, real estate activity in Cohasset saw decreases in both total volume and average sales price.
There was a 11% increase in documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset in 2015. 2,461 land documents were recorded versus 2,208 during 2014.
The total volume of real estate sales in Cohasset during 2015 was $171,021,492, a 13% decrease from 2014. The average sale price of homes and commercial property was also down 10% in Cohasset. The average sale was $939,678.
The number of mortgages recorded (553) on Cohasset properties in 2015 was up by 19% from the previous year. Total mortgage indebtedness also increased by 46% to $309,075,721 during the same period.
There were 3 foreclosure deeds filed against Cohasset properties during 2015, the same number recorded in 2014.
Finally, homestead activity increased by 9% in Cohasset during 2015 with 202 homesteads filed compared to 186 in 2014.