During 2016, real estate activity in Cohasset saw increases in both total sales volume and average sales price.
There was a 5% increase in documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset in 2016. 2,592 land documents were recorded versus 2,460 during 2015.
The total volume of real estate sales in Cohasset during 2016 was $210,331,107, a 23% increase from 2015. The average sale price of homes and commercial property was up 13% in Cohasset. The average sale was $1,062,278.
The number of mortgages recorded (613) on Cohasset properties in 2016 was up by 11% from the previous year. Total mortgage indebtedness also increased 52% to $468,642,413 during the same period.
There were 4 foreclosure deeds filed against Cohasset properties during 2016 compared to 3 foreclosure deeds filed in 2015.
Finally, homestead activity decreased 10% in Cohasset during 2016 with 181 homesteads filed compared to 202 in 2015.